245 Mountain AvenueCairoNY12413
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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 Cairo at 245 Mountain Avenue, Cairo, NY, 12413 priced at $165,000 converts $1,317/mo rent into $215/mo cash flow after a $808/mo obligation. Total monthly income equals $1,317/mo, and annual cash flow totals $2,577/yr on $54,698 invested. Return on cash invested prints 24.62% in year one, and rental yield reads 9.58% against a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation compiles into $45,586 by year five. Five-year ROI reaches 128.76% and total cumulative return in cash sums $70,427. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,317/mo property income covering a $808/mo payment, not borrower’s personal income.
Single Family
Built in 1935
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12413, Cairo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,766 (100%) |
| Owner Occupied HU | 917 (51.9%) |
| Renter Occupied HU | 430 (24.3%) |
| Vacant Housing Units | 419 (23.7%) |
| Median Home Value | $234,105 |
| Average Home Value | $256,974 |
Housing Distribution
Address Breakdown
Residential
1,204
Single Family
1,180
Multi-Family
24
Businesses
134
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