39 Chenango StCazenoviaNY13035
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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
Rental property for sale in Cazenovia at 39 Chenango St, Cazenovia, NY, 13035 offers $1,596/mo rent that, after a $6,363/mo payment. Total monthly income is $1,596/mo. Return on cash invested measures 0.18% in year one, and rental yield stands at 1.47% at a $1,300,000 entry. Equity gained on principal adds $8,389/yr while 5% annual appreciation compounds into $359,166 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,596/mo property income versus a $6,363/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1825
4.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13035, Cazenovia, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,501 (100%) |
| Owner Occupied HU | 2,422 (69.2%) |
| Renter Occupied HU | 700 (20.0%) |
| Vacant Housing Units | 379 (10.8%) |
| Median Home Value | $340,599 |
| Average Home Value | $432,511 |
Housing Distribution
Address Breakdown
Residential
3,352
Single Family
3,151
Multi-Family
201
Businesses
302
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