24 Elm StWhitesboroNY13492
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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 Whitesboro at 24 Elm St, Whitesboro, NY, 13492 offers $1,770/mo rent that, after a $1,099/mo payment, leaves $271/mo cash flow. Total monthly income is $1,770/mo, and annual cash flow is $3,248/yr on $74,422 cash. Return on cash invested measures 24.27% in year one, and rental yield stands at 9.46% at a $224,500 entry. Equity gained on principal adds $1,449/yr while 5% annual appreciation compounds into $62,025 by year five. Five-year ROI records 126.89% and total cumulative return in cash reaches $94,436. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,770/mo property income versus a $1,099/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1830
5,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13492, Whitesboro, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,206 (100%) |
| Owner Occupied HU | 3,737 (71.8%) |
| Renter Occupied HU | 1,177 (22.6%) |
| Vacant Housing Units | 292 ( 5.6%) |
| Median Home Value | $231,613 |
| Average Home Value | $269,076 |
Housing Distribution
Address Breakdown
Residential
5,094
Single Family
4,824
Multi-Family
270
Businesses
251
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Listed by: Bitsy A. Maye-Rattler • Coldwell Banker Faith Properties
Mls Name: NYSAMLSs
Mls ID: #S1616780