445 Dan Main RdNorwichNY13815
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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 Norwich at 445 Dan Main Rd, Norwich, NY, 13815 uses $105,669 cash to close to unlock $2,251/yr annual cash flow and $188/mo monthly cash flow. Total monthly income runs $2,316/mo, and a $1,560/mo payment keeps the spread at $188/mo. Purchase price stands at $318,760, and rental yield measures 8.72% with $2,316/mo rent. Return on cash invested shows 22.04% in year one, and 5% annual appreciation builds toward $88,068 over five years. Five-year ROI reaches 114.92% and total cumulative return in cash records $121,438. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,316/mo property income covering a $1,560/mo payment rather than investor’s personal income.
Single Family
Built in 1978
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13815, Norwich, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,669 (100%) |
| Owner Occupied HU | 3,585 (53.8%) |
| Renter Occupied HU | 2,142 (32.1%) |
| Vacant Housing Units | 942 (14.1%) |
| Median Home Value | $143,654 |
| Average Home Value | $181,555 |
Housing Distribution
Address Breakdown
Residential
5,761
Single Family
5,376
Multi-Family
385
Businesses
537
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Listed by: James Michalowski • HOWARD HANNA (Sidney)
Mls Name: GBMLS
Mls Provider:
Mls ID: #322921
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.