3961 Ridge RdWilliamsonNY14589
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 Williamson at 3961 Ridge Rd, Williamson, NY, 14589 offers a 8.04% rental yield on a $219,000 purchase with $1,467/mo rent. Total monthly income registers $1,467/mo, and a $1,072/mo payment leaves $4/mo available for distribution. Annual cash flow reaches $53/yr on $72,599 to close, and return on cash invested stands at 19.98% in year one. Equity gained on principal adds $1,413/yr while 5% annual appreciation supports $60,506 over five years. Portfolio math shows five-year ROI at 103.88% and total cumulative return in cash at $75,417. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,467/mo property income against a $1,072/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1885
6,534 sqft 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: Charles Sandusky • Hunt Real Estate ERA/Columbus
Mls Name: NYSAMLSs
Mls ID: #R1642150