40 Grove StreetCairoNY12413
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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 Cairo at 40 Grove Street, Cairo, NY, 12413 at $104,900 posts ROI 159.94% with $4,058/mo cash flow from $4,758/mo rent. Total monthly income equals $4,758/mo, and annual cash flow records $48,695/yr on $34,774 to close. Return on cash invested measures 159.94% and rental yield reads 54.43% at the current $104,900. Equity gained on principal adds $677/yr, and 5% annual appreciation supports $28,982 by year five. Five-year ROI prints 854.41% and total cumulative return in cash totals $297,114.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,758/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1890
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12413, Cairo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,766 (100%) |
| Owner Occupied HU | 917 (51.9%) |
| Renter Occupied HU | 430 (24.3%) |
| Vacant Housing Units | 419 (23.7%) |
| Median Home Value | $234,105 |
| Average Home Value | $256,974 |
Housing Distribution
Address Breakdown
Residential
1,204
Single Family
1,180
Multi-Family
24
Businesses
134
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Listed by: Patricia Wingate • Cornerstone Properties
Mls Name: Global MLS
Mls Provider:
Mls ID: #202419505
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker