4 N Vernon StreetAthensNY12015
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 4 N Vernon Street, Athens, NY, 12015 in Athens deserves attention. This $425,000 property earns $3,942/mo in rent, a 11.13% gross yield, and nets $1,104/mo after the $2,015/mo payment. DSCR 1.96 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $117,420 compounds alongside $3,563/yr in yearly equity build, for a total cumulative return of $225,145.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.1% | 6.2% |
| Monthly Cash Flow | $1,104 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,942 |
| Total Monthly Debt Service | $2,773 |
| DSCR Ratio | 1.42x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1798
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12015, Athens, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,229 (100%) |
| Owner Occupied HU | 1,314 (59.0%) |
| Renter Occupied HU | 315 (14.1%) |
| Vacant Housing Units | 600 (26.9%) |
| Median Home Value | $322,251 |
| Average Home Value | $391,429 |
Housing Distribution
Address Breakdown
Residential
1,706
Single Family
1,674
Multi-Family
32
Businesses
98
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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
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