37 Wardwell StAdamsNY13605
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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 Adams at 37 Wardwell St, Adams, NY, 13605 uses $72,599 cash to close to unlock $6,281/yr annual cash flow and $523/mo monthly cash flow. Total monthly income runs $1,986/mo, and a $1,072/mo payment keeps the spread at $523/mo. Purchase price stands at $219,000, and rental yield measures 10.88% with $1,986/mo rent. Return on cash invested shows 28.56% in year one, and 5% annual appreciation builds toward $60,506 over five years. Five-year ROI reaches 149.92% and total cumulative return in cash records $108,837. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,986/mo property income covering a $1,072/mo payment rather than investor’s personal income.
Single Family
Built in 1890
10,258 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13605, Adams, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,436 (100%) |
| Owner Occupied HU | 1,407 (57.8%) |
| Renter Occupied HU | 438 (18.0%) |
| Vacant Housing Units | 591 (24.3%) |
| Median Home Value | $215,392 |
| Average Home Value | $258,431 |
Housing Distribution
Address Breakdown
Residential
1,724
Single Family
1,616
Multi-Family
108
Businesses
92
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