256 Algerine StAftonNY13730
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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 Afton at 256 Algerine St, Afton, NY, 13730 listed at $550,000 pairs $4,438/mo rent with a $2,692/mo payment to leave $765/mo cash flow. Total monthly income runs $4,438/mo, and annual cash flow reaches $9,182/yr on $180,950 cash to close. Return on cash invested measures 25.13% in year one, and rental yield registers 9.68% at a $550,000 basis. Equity gained on principal adds $3,549/yr, and annual property appreciation at 5% supports $151,955 by year five. Five-year ROI tracks 131.49% and total cumulative return in cash totals $237,934. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,438/mo property income relative to a $2,692/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2009
2.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13730, Afton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,446 (100%) |
| Owner Occupied HU | 906 (62.7%) |
| Renter Occupied HU | 253 (17.5%) |
| Vacant Housing Units | 287 (19.8%) |
| Median Home Value | $165,873 |
| Average Home Value | $230,850 |
Housing Distribution
Address Breakdown
Residential
1,200
Single Family
1,176
Multi-Family
24
Businesses
63
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Listed by: Yelena Reporyeva • KELLER WILLIAMS REALTY GREATER BINGHAMTON
Mls Name: GBMLS
Mls Provider:
Mls ID: #327213
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