4555 Elwood RdCincinnatusNY13040
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
Investment Highlights
Investment property for sale in Cincinnatus at 4555 Elwood Rd, Cincinnatus, NY, 13040 with 5% annual appreciation on a $459,900 basis while $3,896/mo rent supports operations. Total monthly income totals $3,896/mo and a $2,251/mo payment preserves $825/mo for cash returns. Annual cash flow comes to $9,898/yr on $152,457 deployed, and return on cash invested reaches 26.4% in year one. Equity gained on principal adds $2,968/yr, and five-year appreciation sums $127,062 alongside rental yield of 10.17%. Five-year ROI measures 138.29% and total cumulative return in cash totals $210,834.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,896/mo property income versus a $2,251/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1800
63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13040, Cincinnatus, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,376 (100%) |
| Owner Occupied HU | 898 (65.3%) |
| Renter Occupied HU | 195 (14.2%) |
| Vacant Housing Units | 283 (20.6%) |
| Median Home Value | $188,415 |
| Average Home Value | $250,061 |
Housing Distribution
Address Breakdown
Residential
1,088
Single Family
1,088
Multi-Family
0
Businesses
38
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jenna Davi • Berkshire Hathaway HomeServices Heritage Realty
Mls Name: NYSAMLSs
Mls ID: #S1641708