33 Strowbridge StTrumansburgNY14886
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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 33 Strowbridge St, Trumansburg, NY, 14886 priced at $342,900 converts $2,371/mo rent into $82/mo cash flow after a $1,678/mo obligation. Total monthly income equals $2,371/mo, and annual cash flow totals $978/yr on $113,671 invested. Return on cash invested prints 20.77% in year one, and rental yield reads 8.3% against a $342,900 entry. Equity gained on principal adds $2,213/yr, while 5% annual appreciation compiles into $94,737 by year five. Five-year ROI reaches 108.12% and total cumulative return in cash sums $122,897. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,371/mo property income covering a $1,678/mo payment, not borrower’s personal income.
Single Family
Built in 1950
0.66 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: Karen Potter • RE/MAX In Motion
Mls Name: NYSAMLSs
Mls ID: #R1625948