35 Downs AveBinghamtonNY13905
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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 Binghamton at 35 Downs Ave, Binghamton, NY, 13905 earns $939/mo cash flow from $1,688/mo rent with a $549/mo payment. Total monthly income totals $1,688/mo, and annual cash flow totals $11,270/yr on $37,151 capital. ROI tracks 50.24% on current figures, and rental yield reads 18.07% at a $112,069 purchase. Equity gained on principal adds $723/yr, and 5% annual appreciation supports $30,963 over five years. Five-year ROI reaches 266.29% and total cumulative return in cash sums $98,929. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,688/mo property income instead of your personal income.
Single Family
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13905, Binghamton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,068 (100%) |
| Owner Occupied HU | 5,281 (37.5%) |
| Renter Occupied HU | 6,678 (47.5%) |
| Vacant Housing Units | 2,109 (15.0%) |
| Median Home Value | $162,713 |
| Average Home Value | $219,383 |
Housing Distribution
Address Breakdown
Residential
11,769
Single Family
10,232
Multi-Family
1,537
Businesses
625
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Listed by: N/A • N/A
Mls Name: EXIT Realty broker feed
Mls ID: #330273