405 N Main StMannsvilleNY13661
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
Rental property for sale in Mannsville at 405 N Main St, Mannsville, NY, 13661 priced at $239,000 pairs $1,766/mo rent with $170/mo cash flow after a $1,170/mo payment. Total monthly income equals $1,766/mo, and annual cash flow comes to $2,037/yr on $79,229 invested. Return on cash invested is 22.48% in year one, and rental yield stands at 8.87% on a $239,000 basis. Equity gained on principal adds $1,542/yr, and 5% annual appreciation accumulates to $66,031 by year five. Five-year ROI measures 117.29% and total cumulative return in cash reaches $92,928. For financing, Ziffy Mortgage’s DSCR program evaluates $1,766/mo property income against a $1,170/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1875
0.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13661, Mannsville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 986 (100%) |
| Owner Occupied HU | 474 (48.1%) |
| Renter Occupied HU | 86 ( 8.7%) |
| Vacant Housing Units | 426 (43.2%) |
| Median Home Value | $201,538 |
| Average Home Value | $251,229 |
Housing Distribution
Address Breakdown
Residential
540
Single Family
540
Multi-Family
0
Businesses
21
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Nearby investment properties with comparable prices
Listed by: Lory L Cobb • Berkshire Hathaway HomeServices CNY Realty Watn
Mls Name: NYSAMLSs
Mls ID: #S1628844