4508 Elizabeth StMorrisvilleNY13408
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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 Morrisville at 4508 Elizabeth St, Morrisville, NY, 13408 offers a 6.08% rental yield on a $159,900 purchase with $810/mo rent. 06% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,177 over five years. Portfolio math shows five-year ROI at 72.14% and total cumulative return in cash at $38,238. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $810/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1880
4.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13408, Morrisville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,127 (100%) |
| Owner Occupied HU | 695 (61.7%) |
| Renter Occupied HU | 257 (22.8%) |
| Vacant Housing Units | 175 (15.5%) |
| Median Home Value | $187,206 |
| Average Home Value | $243,475 |
Housing Distribution
Address Breakdown
Residential
774
Single Family
749
Multi-Family
25
Businesses
67
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Listed by: Kelly Suzanne Hall • eXp Realty
Mls Name: NYSAMLSs
Mls ID: #S1637161