405 N Main StMannsvilleNY13661
INVESTMENT ANALYSIS
Investment Verdict
Solid Income405 N Main St, Mannsville, NY, 13661 in Mannsville earns a respectable 8.87% gross yield at $239,000, but after the $1,075/mo mortgage the net cash flow is $170/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.64) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $66,031 over five years, making equity the dominant return driver. Total projected return: $102,073.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 6.2% |
| Monthly Cash Flow | $170 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,766 |
| Total Monthly Debt Service | $1,501 |
| DSCR Ratio | 1.18x |
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 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lory L Cobb • Berkshire Hathaway HomeServices CNY Realty Watn
Mls Name: NYSAMLSs
Mls ID: #S1628844