35 Orchard StWaverlyNY14892
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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 Waverly at 35 Orchard St, Waverly, NY, 14892 offers $1,140/mo rent that, after a $587/mo payment, leaves $339/mo cash flow. Total monthly income is $1,140/mo, and annual cash flow is $4,070/yr on $39,747 cash. Return on cash invested measures 30.15% in year one, and rental yield stands at 11.41% at a $119,900 entry. Equity gained on principal adds $774/yr while 5% annual appreciation compounds into $33,126 by year five. Five-year ROI records 158.5% and total cumulative return in cash reaches $63,000. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,140/mo property income versus a $587/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14892, Waverly, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,747 (100%) |
| Owner Occupied HU | 2,135 (57.0%) |
| Renter Occupied HU | 1,217 (32.5%) |
| Vacant Housing Units | 395 (10.5%) |
| Median Home Value | $154,688 |
| Average Home Value | $208,450 |
Housing Distribution
Address Breakdown
Residential
3,372
Single Family
3,186
Multi-Family
186
Businesses
257
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Listed by: Beth Russell • Howard Hanna Elmira
Mls Name: ECMLS
Mls Provider:
Mls ID: #278435
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.