2980 Cataract StCopenhagenNY13626
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 Copenhagen at 2980 Cataract St, Copenhagen, NY, 13626 generates $2,369/mo in rent and, after a $832/mo payment, leaves $1,234/mo in cash flow. Total monthly income is $2,369/mo, and annual cash flow is $14,808/yr on $56,322 invested. Return on cash invested sits at 46.2% in year one, and rental yield is 16.73% on a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 244.58% and total cumulative return in cash sums $137,750. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,369/mo property income rather than buyer’s personal income.
Single Family
Built in 1915
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13626, Copenhagen, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,080 (100%) |
| Owner Occupied HU | 631 (58.4%) |
| Renter Occupied HU | 203 (18.8%) |
| Vacant Housing Units | 246 (22.8%) |
| Median Home Value | $247,989 |
| Average Home Value | $267,448 |
Housing Distribution
Address Breakdown
Residential
650
Single Family
650
Multi-Family
0
Businesses
40
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kathy L Woolf • Bridgeview Real Estate
Mls Name: NYSAMLSs
Mls ID: #S1615628