2421 W Main StWhitney PtNY13862
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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 Whitney Pt at 2421 W Main St, Whitney Pt, NY, 13862 offers a 22.74% rental yield on a $156,500 purchase with $2,966/mo rent. Total monthly income registers $2,966/mo, and a $766/mo payment leaves $1,921/mo available for distribution. Annual cash flow reaches $23,051/yr on $51,880 to close, and return on cash invested stands at 64.34% in year one. Equity gained on principal adds $1,010/yr while 5% annual appreciation supports $43,238 over five years. Portfolio math shows five-year ROI at 341.74% and total cumulative return in cash at $177,295. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,966/mo property income against a $766/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1860
5.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13862, Whitney Point, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,878 (100%) |
| Owner Occupied HU | 1,267 (67.5%) |
| Renter Occupied HU | 377 (20.1%) |
| Vacant Housing Units | 234 (12.5%) |
| Median Home Value | $184,821 |
| Average Home Value | $210,679 |
Housing Distribution
Address Breakdown
Residential
1,457
Single Family
1,434
Multi-Family
23
Businesses
89
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Listed by: Amy J Lucenti • EXIT REALTY HOMEWARD BOUND
Mls Name: GBMLS
Mls Provider:
Mls ID: #331419
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.