29 Jerome AvenueCairoNY12413
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
Rental property for sale in Cairo at 29 Jerome Avenue, Cairo, NY, 12413 offers $3,130/mo rent that, after a $1,713/mo payment, leaves $793/mo cash flow. Total monthly income is $3,130/mo, and annual cash flow is $9,516/yr on $115,992 cash. Return on cash invested measures 28.11% in year one, and rental yield stands at 10.73% at a $349,900 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,671 by year five. Five-year ROI records 147.52% and total cumulative return in cash reaches $171,114. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,130/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
6,969 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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