2767 State Route 51IlionNY13357
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Ilion at 2767 State Route 51, Ilion, NY, 13357 listed at $134,000 pairs $1,039/mo rent with a $656/mo payment to leave $144/mo cash flow. Total monthly income runs $1,039/mo, and annual cash flow reaches $1,728/yr on $44,421 cash to close. Return on cash invested measures 23.8% in year one, and rental yield registers 9.3% at a $134,000 basis. Equity gained on principal adds $865/yr, and annual property appreciation at 5% supports $37,022 by year five. Five-year ROI tracks 124.45% and total cumulative return in cash totals $55,283. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,039/mo property income relative to a $656/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1959
3,428 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13357, Ilion, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,805 (100%) |
| Owner Occupied HU | 2,921 (60.8%) |
| Renter Occupied HU | 1,440 (30.0%) |
| Vacant Housing Units | 444 ( 9.2%) |
| Median Home Value | $120,659 |
| Average Home Value | $156,291 |
Housing Distribution
Address Breakdown
Residential
4,465
Single Family
4,180
Multi-Family
285
Businesses
183
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices