3021 Seneca BlvdWaterlooNY13165
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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 Waterloo at 3021 Seneca Blvd, Waterloo, NY, 13165 generates $1,364/mo in rent and, after a $854/mo payment, leaves $199/mo in cash flow. Total monthly income is $1,364/mo, and annual cash flow is $2,386/yr on $57,847 invested. Return on cash invested sits at 24.03% in year one, and rental yield is 9.38% on a $174,500 entry. Equity gained on principal adds $1,126/yr, while 5% annual appreciation builds toward $48,211 over five years. Five-year ROI reaches 125.6% and total cumulative return in cash sums $72,654. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,364/mo property income rather than buyer’s personal income.
Manufactured
Built in 1965
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13165, Waterloo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,911 (100%) |
| Owner Occupied HU | 3,072 (62.6%) |
| Renter Occupied HU | 1,333 (27.1%) |
| Vacant Housing Units | 506 (10.3%) |
| Median Home Value | $144,727 |
| Average Home Value | $204,023 |
Housing Distribution
Address Breakdown
Residential
4,362
Single Family
4,219
Multi-Family
143
Businesses
420
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