405 Edgerton StMinoaNY13116
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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 Minoa at 405 Edgerton St, Minoa, NY, 13116 earns $173/mo cash flow from $1,408/mo rent with a $905/mo payment. Total monthly income totals $1,408/mo, and annual cash flow totals $2,079/yr on $61,294 capital. ROI tracks 23.3% on current figures, and rental yield reads 9.14% at a $184,900 purchase. Equity gained on principal adds $1,193/yr, and 5% annual appreciation supports $51,084 over five years. Five-year ROI reaches 121.73% and total cumulative return in cash sums $74,611. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,408/mo property income instead of your personal income.
Single Family
Built in 1955
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13116, Minoa, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,484 (100%) |
| Owner Occupied HU | 1,082 (72.9%) |
| Renter Occupied HU | 358 (24.1%) |
| Vacant Housing Units | 44 ( 3.0%) |
| Median Home Value | $184,737 |
| Average Home Value | $204,214 |
Housing Distribution
Address Breakdown
Residential
1,484
Single Family
1,419
Multi-Family
65
Businesses
55
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