313 Spring StFayettevilleNY13066
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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
Investment property for sale in Fayetteville at 313 Spring St, Fayetteville, NY, 13066 offers a 8.06% rental yield on a $269,900 purchase with $1,813/mo rent. Total monthly income registers $1,813/mo, and a $1,321/mo payment leaves $11/mo available for distribution. Annual cash flow reaches $128/yr on $89,472 to close, and return on cash invested stands at 20.05% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,568 over five years. Portfolio math shows five-year ROI at 104.24% and total cumulative return in cash at $93,270. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,813/mo property income against a $1,321/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1865
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13066, Fayetteville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,822 (100%) |
| Owner Occupied HU | 4,248 (73.0%) |
| Renter Occupied HU | 1,261 (21.7%) |
| Vacant Housing Units | 313 ( 5.4%) |
| Median Home Value | $313,571 |
| Average Home Value | $370,514 |
Housing Distribution
Address Breakdown
Residential
5,684
Single Family
4,974
Multi-Family
710
Businesses
482
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Listed by: Cynthia Haaf-Murphy • Berkshire Hathaway CNY Realty
Mls Name: NYSAMLSs
Mls ID: #S1637067