24 Genesee StNew BerlinNY13411
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
Investment property for sale in New Berlin at 24 Genesee St, New Berlin, NY, 13411 earns from $3,652/mo rent with a $3,323/mo payment. Total monthly income totals $3,652/mo. ROI tracks 15.32% on current figures, and rental yield reads 6.45% at a $679,000 purchase. Equity gained on principal adds $4,381/yr, and 5% annual appreciation supports $187,595 over five years. Five-year ROI reaches 78.88% and total cumulative return in cash sums $176,207. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,652/mo property income instead of your personal income.
Single Family
Built in 1880
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13411, New Berlin, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,673 (100%) |
| Owner Occupied HU | 984 (58.8%) |
| Renter Occupied HU | 317 (18.9%) |
| Vacant Housing Units | 372 (22.2%) |
| Median Home Value | $144,444 |
| Average Home Value | $220,338 |
Housing Distribution
Address Breakdown
Residential
1,093
Single Family
1,093
Multi-Family
0
Businesses
82
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Benjamin Holscher • Keller Williams Upstate NY Properties
Mls Name: NYSAMLSs
Mls ID: #R1644449