3710 State Route 41a StMoraviaNY13118
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 Moravia at 3710 State Route 41a St, Moravia, NY, 13118 uses $54,366 cash to close to unlock $5,214/yr annual cash flow and $435/mo monthly cash flow. Total monthly income runs $1,530/mo, and a $803/mo payment keeps the spread at $435/mo. Purchase price stands at $164,000, and rental yield measures 11.2% with $1,530/mo rent. Return on cash invested shows 29.5% in year one, and 5% annual appreciation builds toward $45,310 over five years. Five-year ROI reaches 154.97% and total cumulative return in cash records $84,249. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,530/mo property income covering a $803/mo payment rather than investor’s personal income.
Single Family
Built in 1840
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13118, Moravia, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,793 (100%) |
| Owner Occupied HU | 1,729 (61.9%) |
| Renter Occupied HU | 417 (14.9%) |
| Vacant Housing Units | 647 (23.2%) |
| Median Home Value | $261,607 |
| Average Home Value | $329,974 |
Housing Distribution
Address Breakdown
Residential
2,025
Single Family
1,980
Multi-Family
45
Businesses
118
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Richard Cicciarelli • Warren Real Estate of Ithaca Inc.
Mls Name: ITMLS
Mls Provider:
Mls ID: #R1576275
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.