309 Pratt StFultonNY13069
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 Fulton at 309 Pratt St, Fulton, NY, 13069 offers $1,834/mo rent that, after a $719/mo payment, leaves $853/mo cash flow. Total monthly income is $1,834/mo, and annual cash flow is $10,234/yr on $48,731 cash. Return on cash invested measures 40.91% in year one, and rental yield stands at 14.97% at a $147,000 entry. Equity gained on principal adds $949/yr while 5% annual appreciation compounds into $40,613 by year five. Five-year ROI records 216.11% and total cumulative return in cash reaches $105,312. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,834/mo property income versus a $719/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
2,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13069, Fulton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,840 (100%) |
| Owner Occupied HU | 6,607 (61.0%) |
| Renter Occupied HU | 3,183 (29.4%) |
| Vacant Housing Units | 1,050 ( 9.7%) |
| Median Home Value | $135,944 |
| Average Home Value | $177,967 |
Housing Distribution
Address Breakdown
Residential
10,038
Single Family
9,470
Multi-Family
568
Businesses
561
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices