3396 Slaterville RdBrooktondaleNY14817
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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 Brooktondale at 3396 Slaterville Rd, Brooktondale, NY, 14817 priced at $140,000 pairs $1,074/mo rent with $139/mo cash flow after a $685/mo payment. Total monthly income equals $1,074/mo, and annual cash flow comes to $1,672/yr on $46,410 invested. Return on cash invested is 23.51% in year one, and rental yield stands at 9.21% on a $140,000 basis. Equity gained on principal adds $903/yr, and 5% annual appreciation accumulates to $38,679 by year five. Five-year ROI measures 122.87% and total cumulative return in cash reaches $57,022. For financing, Ziffy Mortgage’s DSCR program evaluates $1,074/mo property income against a $685/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1939
5.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14817, Brooktondale, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,162 (100%) |
| Owner Occupied HU | 698 (60.1%) |
| Renter Occupied HU | 345 (29.7%) |
| Vacant Housing Units | 119 (10.2%) |
| Median Home Value | $349,080 |
| Average Home Value | $374,119 |
Housing Distribution
Address Breakdown
Residential
1,117
Single Family
1,117
Multi-Family
0
Businesses
33
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Listed by: Cheryl Miller • Warren Real Estate of Ithaca Inc.
Mls Name: ITMLS
Mls Provider:
Mls ID: #R1568577
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.