2466 Reed RdWaterlooNY13165
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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 Waterloo at 2466 Reed Rd, Waterloo, NY, 13165 listed at $160,000 pairs $1,263/mo rent with a $783/mo payment to leave $195/mo cash flow. Total monthly income runs $1,263/mo, and annual cash flow reaches $2,336/yr on $53,040 cash to close. Return on cash invested measures 24.31% in year one, and rental yield registers 9.47% at a $160,000 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,205 by year five. Five-year ROI tracks 127.11% and total cumulative return in cash totals $67,418. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,263/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1965
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13165, Waterloo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,911 (100%) |
| Owner Occupied HU | 3,072 (62.6%) |
| Renter Occupied HU | 1,333 (27.1%) |
| Vacant Housing Units | 506 (10.3%) |
| Median Home Value | $144,727 |
| Average Home Value | $204,023 |
Housing Distribution
Address Breakdown
Residential
4,362
Single Family
4,219
Multi-Family
143
Businesses
420
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