24 Pinecrest RdWhitesboroNY13492
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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
Investment property for sale in Whitesboro at 24 Pinecrest Rd, Whitesboro, NY, 13492 uses $59,670 cash to close to unlock $6,876/yr annual cash flow and $573/mo monthly cash flow. Total monthly income runs $1,775/mo, and a $881/mo payment keeps the spread at $573/mo. Purchase price stands at $180,000, and rental yield measures 11.83% with $1,775/mo rent. Return on cash invested shows 31.43% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 165.26% and total cumulative return in cash records $98,609. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,775/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1951
9,178 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: Aaron Peskowitz • eXp Realty
Mls Name: NYSAMLSs
Mls ID: #S1612869