4364 Lower Covert RdTrumansburgNY14886
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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 Trumansburg at 4364 Lower Covert Rd, Trumansburg, NY, 14886 earns from $1,800/mo rent with a $1,610/mo payment. Total monthly income totals $1,800/mo. ROI tracks 15.54% on current figures, and rental yield reads 6.57% at a $329,000 purchase. Equity gained on principal adds $2,123/yr, and 5% annual appreciation supports $90,897 over five years. Five-year ROI reaches 80.11% and total cumulative return in cash sums $87,369. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,800/mo property income instead of your personal income.
Single Family
Built in 1858
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14886, Trumansburg, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,402 (100%) |
| Owner Occupied HU | 2,281 (67.0%) |
| Renter Occupied HU | 706 (20.8%) |
| Vacant Housing Units | 415 (12.2%) |
| Median Home Value | $310,159 |
| Average Home Value | $337,753 |
Housing Distribution
Address Breakdown
Residential
2,668
Single Family
2,585
Multi-Family
83
Businesses
157
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Listed by: Angela McLennan • Howard Hanna S Tier Inc
Mls Name: NYSAMLSs
Mls ID: #R1653040