352 Eureka AveHerkimerNY13350
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
- 3 Bed
- 2 Bath
- 1588 sft
- 2 Bed
- 2 Bath
- 1794 sft
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 Herkimer at 352 Eureka Ave, Herkimer, NY, 13350 earns $265/mo cash flow from $1,080/mo rent with a $597/mo payment. Total monthly income totals $1,080/mo, and annual cash flow totals $3,185/yr on $40,443 capital. ROI tracks 27.78% on current figures, and rental yield reads 10.62% at a $122,000 purchase. Equity gained on principal adds $787/yr, and 5% annual appreciation supports $33,706 over five years. Five-year ROI reaches 145.77% and total cumulative return in cash sums $58,955. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,080/mo property income instead of your personal income.
Single Family
Built in 1910
8,698 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13350, Herkimer, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,689 (100%) |
| Owner Occupied HU | 2,359 (50.3%) |
| Renter Occupied HU | 1,703 (36.3%) |
| Vacant Housing Units | 627 (13.4%) |
| Median Home Value | $147,457 |
| Average Home Value | $196,124 |
Housing Distribution
Address Breakdown
Residential
4,027
Single Family
3,385
Multi-Family
642
Businesses
373
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
- 3 Bed
- 2 Bath
- 1588 sft
- 2 Bed
- 2 Bath
- 1794 sft
Listed by: Martin Gorton • Coldwell Banker Sexton Real Estate
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1583738
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