407 Walnut StFayettevilleNY13066
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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
Rental property for sale in Fayetteville at 407 Walnut St, Fayetteville, NY, 13066 priced at $220,000 converts $1,577/mo rent into $108/mo cash flow after a $1,077/mo obligation. Total monthly income equals $1,577/mo, and annual cash flow totals $1,292/yr on $72,930 invested. Return on cash invested prints 21.68% in year one, and rental yield reads 8.6% against a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation compiles into $60,782 by year five. Five-year ROI reaches 112.99% and total cumulative return in cash sums $82,403. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,577/mo property income covering a $1,077/mo payment, not borrower’s personal income.
Single Family
Built in 1900
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13066, Fayetteville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,822 (100%) |
| Owner Occupied HU | 4,248 (73.0%) |
| Renter Occupied HU | 1,261 (21.7%) |
| Vacant Housing Units | 313 ( 5.4%) |
| Median Home Value | $313,571 |
| Average Home Value | $370,514 |
Housing Distribution
Address Breakdown
Residential
5,684
Single Family
4,974
Multi-Family
710
Businesses
482
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Listed by: Patrick J. O'Connor • CNYHomes
Mls Name: NYSAMLSs
Mls ID: #S1648082