325 Waterburg RdTrumansburgNY14886
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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 Trumansburg at 325 Waterburg Rd, Trumansburg, NY, 14886 priced at $1,500,000 converts $1,800/mo rent into after a $7,342/mo obligation. Total monthly income equals $1,800/mo. Return on cash invested prints 0.08% in year one, and rental yield reads 1.44% against a $1,500,000 entry. Equity gained on principal adds $9,679/yr, while 5% annual appreciation compiles into $414,422 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,800/mo property income covering a $7,342/mo payment, not borrower’s personal income.
Single Family
Built in 1900
39.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14886, Trumansburg, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,402 (100%) |
| Owner Occupied HU | 2,281 (67.0%) |
| Renter Occupied HU | 706 (20.8%) |
| Vacant Housing Units | 415 (12.2%) |
| Median Home Value | $310,159 |
| Average Home Value | $337,753 |
Housing Distribution
Address Breakdown
Residential
2,668
Single Family
2,585
Multi-Family
83
Businesses
157
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Listed by: Brendan Coughlin • Howard Hanna S Tier Inc
Mls Name: NYSAMLSs
Mls ID: #R1643381