30 & 32 Spring StWaverlyNY14892
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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 Waverly at 30 & 32 Spring St, Waverly, NY, 14892 priced at $154,000 pairs $2,128/mo rent with $1,099/mo cash flow after a $754/mo payment. Total monthly income equals $2,128/mo, and annual cash flow comes to $13,192/yr on $51,051 invested. Return on cash invested is 45.75% in year one, and rental yield stands at 16.58% on a $154,000 basis. Equity gained on principal adds $994/yr, and 5% annual appreciation accumulates to $42,547 by year five. Five-year ROI measures 242.11% and total cumulative return in cash reaches $123,602. For financing, Ziffy Mortgage’s DSCR program evaluates $2,128/mo property income against a $754/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14892, Waverly, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,747 (100%) |
| Owner Occupied HU | 2,135 (57.0%) |
| Renter Occupied HU | 1,217 (32.5%) |
| Vacant Housing Units | 395 (10.5%) |
| Median Home Value | $154,688 |
| Average Home Value | $208,450 |
Housing Distribution
Address Breakdown
Residential
3,372
Single Family
3,186
Multi-Family
186
Businesses
257
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