29 State StGenevaNY14456
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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
Rental property for sale in Geneva at 29 State St, Geneva, NY, 14456 priced at $149,900 pairs $1,638/mo rent with $637/mo cash flow after a $734/mo payment. Total monthly income equals $1,638/mo, and annual cash flow comes to $7,640/yr on $49,692 invested. Return on cash invested is 35.28% in year one, and rental yield stands at 13.11% on a $149,900 basis. Equity gained on principal adds $967/yr, and 5% annual appreciation accumulates to $41,415 by year five. Five-year ROI measures 185.97% and total cumulative return in cash reaches $92,411. For financing, Ziffy Mortgage’s DSCR program evaluates $1,638/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1888
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14456, Geneva, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,085 (100%) |
| Owner Occupied HU | 4,720 (52.0%) |
| Renter Occupied HU | 3,346 (36.8%) |
| Vacant Housing Units | 1,019 (11.2%) |
| Median Home Value | $194,127 |
| Average Home Value | $286,439 |
Housing Distribution
Address Breakdown
Residential
8,137
Single Family
6,987
Multi-Family
1,150
Businesses
868
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