35 Riverview AveBinghamtonNY13904
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 Binghamton at 35 Riverview Ave, Binghamton, NY, 13904 at $178,000 posts ROI 29.91% with $492/mo cash flow from $1,680/mo rent. Total monthly income equals $1,680/mo, and annual cash flow records $5,899/yr on $59,007 to close. Return on cash invested measures 29.91% and rental yield reads 11.33% at the current $178,000. Equity gained on principal adds $1,149/yr, and 5% annual appreciation supports $49,178 by year five. Five-year ROI prints 157.14% and total cumulative return in cash totals $92,725.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,680/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1948
6,720 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13904, Binghamton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,321 (100%) |
| Owner Occupied HU | 2,379 (55.1%) |
| Renter Occupied HU | 1,446 (33.5%) |
| Vacant Housing Units | 496 (11.5%) |
| Median Home Value | $137,746 |
| Average Home Value | $201,710 |
Housing Distribution
Address Breakdown
Residential
3,683
Single Family
3,533
Multi-Family
150
Businesses
274
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Listed by: Shannon E. Yesalusky • REALTY SOLUTIONS GROUP
Mls Name: GBMLS
Mls ID: #332365