2702 Walt Gilbert RdWatkins GlenNY14891
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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 Watkins Glen at 2702 Walt Gilbert Rd, Watkins Glen, NY, 14891 earns $128/mo cash flow from $1,863/mo rent with a $1,272/mo payment. Total monthly income totals $1,863/mo, and annual cash flow totals $1,530/yr on $86,157 capital. ROI tracks 21.68% on current figures, and rental yield reads 8.6% at a $259,900 purchase. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 over five years. Five-year ROI reaches 113.04% and total cumulative return in cash sums $97,390. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,863/mo property income instead of your personal income.
Single Family
Built in 1980
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14891, Watkins Glen, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,287 (100%) |
| Owner Occupied HU | 1,275 (55.7%) |
| Renter Occupied HU | 654 (28.6%) |
| Vacant Housing Units | 358 (15.7%) |
| Median Home Value | $198,849 |
| Average Home Value | $236,996 |
Housing Distribution
Address Breakdown
Residential
2,058
Single Family
1,922
Multi-Family
136
Businesses
278
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Listed by: Jody Saunders • Howard Hanna Horseheads
Mls Name: NYSAMLSs
Mls ID: #R1633605