3897 Ridge RdWilliamsonNY14589
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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 Williamson at 3897 Ridge Rd, Williamson, NY, 14589 listed at $249,900 pairs $3,104/mo rent with a $1,223/mo payment to leave $1,435/mo cash flow. Total monthly income runs $3,104/mo, and annual cash flow reaches $17,224/yr on $82,842 cash to close. Return on cash invested measures 40.7% in year one, and rental yield registers 14.91% at a $249,900 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,043 by year five. Five-year ROI tracks 215.01% and total cumulative return in cash totals $178,118. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,104/mo property income relative to a $1,223/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1951
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14589, Williamson, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,627 (100%) |
| Owner Occupied HU | 2,587 (71.3%) |
| Renter Occupied HU | 672 (18.5%) |
| Vacant Housing Units | 368 (10.1%) |
| Median Home Value | $232,091 |
| Average Home Value | $243,581 |
Housing Distribution
Address Breakdown
Residential
3,055
Single Family
2,652
Multi-Family
403
Businesses
155
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Listed by: Daniel L. Patterson • Howard Hanna
Mls Name: NYSAMLSs
Mls ID: #R1637445