24 Ely DrFayettevilleNY13066
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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 Fayetteville at 24 Ely Dr, Fayetteville, NY, 13066 priced at $394,900 pairs $2,880/mo rent with $243/mo cash flow after a $1,933/mo payment. Total monthly income equals $2,880/mo, and annual cash flow comes to $2,913/yr on $130,909 invested. Return on cash invested is 22.13% in year one, and rental yield stands at 8.75% on a $394,900 basis. Equity gained on principal adds $2,548/yr, and 5% annual appreciation accumulates to $109,104 by year five. Five-year ROI measures 115.42% and total cumulative return in cash reaches $151,091. For financing, Ziffy Mortgage’s DSCR program evaluates $2,880/mo property income against a $1,933/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13066, Fayetteville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,822 (100%) |
| Owner Occupied HU | 4,248 (73.0%) |
| Renter Occupied HU | 1,261 (21.7%) |
| Vacant Housing Units | 313 ( 5.4%) |
| Median Home Value | $313,571 |
| Average Home Value | $370,514 |
Housing Distribution
Address Breakdown
Residential
5,684
Single Family
4,974
Multi-Family
710
Businesses
482
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Listed by: Alicia McMahon • Hunt Real Estate ERA
Mls Name: NYSAMLSs
Mls ID: #S1653180