3512 Route 89Seneca FallsNY13148
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 Seneca Falls at 3512 Route 89, Seneca Falls, NY, 13148 earns $425/mo cash flow from $1,627/mo rent with a $881/mo payment. Total monthly income totals $1,627/mo, and annual cash flow totals $5,102/yr on $59,637 capital. ROI tracks 28.46% on current figures, and rental yield reads 10.85% at a $179,900 purchase. Equity gained on principal adds $1,161/yr, and 5% annual appreciation supports $49,703 over five years. Five-year ROI reaches 149.44% and total cumulative return in cash sums $89,121. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,627/mo property income instead of your personal income.
Manufactured
Built in 2005
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13148, Seneca Falls, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,317 (100%) |
| Owner Occupied HU | 2,906 (54.7%) |
| Renter Occupied HU | 1,663 (31.3%) |
| Vacant Housing Units | 748 (14.1%) |
| Median Home Value | $160,094 |
| Average Home Value | $208,365 |
Housing Distribution
Address Breakdown
Residential
4,668
Single Family
4,215
Multi-Family
453
Businesses
313
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Nearby investment properties with comparable prices
Listed by: Kelly Ann Skeval • Howard Hanna S Tier Inc
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1593238
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