24 Elm StCamillusNY13031
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Camillus at 24 Elm St, Camillus, NY, 13031 priced at $179,900 converts $4,980/mo rent into $3,778/mo cash flow after a $881/mo obligation. Total monthly income equals $4,980/mo, and annual cash flow totals $45,338/yr on $59,637 invested. Return on cash invested prints 95.93% in year one, and rental yield reads 33.22% against a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation compiles into $49,703 by year five. Five-year ROI reaches 511.23% and total cumulative return in cash sums $304,881. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,980/mo property income covering a $881/mo payment, not borrower’s personal income.
Multi Family
Built in 1890
7,592 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13031, Camillus, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,459 (100%) |
| Owner Occupied HU | 5,326 (71.4%) |
| Renter Occupied HU | 1,798 (24.1%) |
| Vacant Housing Units | 335 ( 4.5%) |
| Median Home Value | $232,292 |
| Average Home Value | $277,569 |
Housing Distribution
Address Breakdown
Residential
7,239
Single Family
6,204
Multi-Family
1,035
Businesses
450
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices