39 Waller StPiercefieldNY12973
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 39 Waller St, Piercefield, NY, 12973 in Piercefield speaks for itself: 18.89% gross on a $125,000 price, generating $1,968/mo in rent and $1,133/mo in net income after the $562/mo debt service. DSCR 3.50, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $13,599 stacks alongside $34,535 in projected five-year appreciation and $1,151/yr in principal reduction. Projected total cumulative return: $120,643.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 18.9% | 6.2% |
| Monthly Cash Flow | $1,133 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,968 |
| Total Monthly Debt Service | $785 |
| DSCR Ratio | 2.51x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1900
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12973, Piercefield, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 113 (100%) |
| Owner Occupied HU | 41 (36.3%) |
| Renter Occupied HU | 7 ( 6.2%) |
| Vacant Housing Units | 65 (57.5%) |
| Median Home Value | $282,143 |
| Average Home Value | $260,183 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
11
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
Multi Family
Built in 1900
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12973, Piercefield, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 113 (100%) |
| Owner Occupied HU | 41 (36.3%) |
| Renter Occupied HU | 7 ( 6.2%) |
| Vacant Housing Units | 65 (57.5%) |
| Median Home Value | $282,143 |
| Average Home Value | $260,183 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
11
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices