3387 State Route 34bScipio CenterNY13147
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
Investment property for sale in Scipio Center at 3387 State Route 34b, Scipio Center, NY, 13147 listed at $219,900 pairs $1,878/mo rent with a $1,076/mo payment to leave $410/mo cash flow. Total monthly income runs $1,878/mo, and annual cash flow reaches $4,918/yr on $72,897 cash to close. Return on cash invested measures 26.66% in year one, and rental yield registers 10.25% at a $219,900 basis. Equity gained on principal adds $1,419/yr, and annual property appreciation at 5% supports $60,754 by year five. Five-year ROI tracks 139.67% and total cumulative return in cash totals $101,812. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,878/mo property income relative to a $1,076/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1880
10,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13147, Scipio Center, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 567 (100%) |
| Owner Occupied HU | 390 (68.8%) |
| Renter Occupied HU | 83 (14.6%) |
| Vacant Housing Units | 94 (16.6%) |
| Median Home Value | $221,795 |
| Average Home Value | $262,314 |
Housing Distribution
Address Breakdown
Residential
418
Single Family
418
Multi-Family
0
Businesses
29
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John Aspinwall • Hage Real Estate
Mls Name: NYSAMLSs
Mls ID: #S1632631