4583 Verona StVernonNY13476
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 Vernon at 4583 Verona St, Vernon, NY, 13476 offers a 28.47% rental yield on a $149,900 purchase with $3,557/mo rent. Total monthly income registers $3,557/mo, and a $734/mo payment leaves $2,556/mo available for distribution. Annual cash flow reaches $30,668/yr on $49,692 to close, and return on cash invested stands at 81.63% in year one. Equity gained on principal adds $967/yr while 5% annual appreciation supports $41,415 over five years. Portfolio math shows five-year ROI at 434.46% and total cumulative return in cash at $215,891. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,557/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1850
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13476, Vernon, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,472 (100%) |
| Owner Occupied HU | 940 (63.9%) |
| Renter Occupied HU | 423 (28.7%) |
| Vacant Housing Units | 109 ( 7.4%) |
| Median Home Value | $200,743 |
| Average Home Value | $237,830 |
Housing Distribution
Address Breakdown
Residential
1,096
Single Family
1,026
Multi-Family
70
Businesses
88
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Nearby investment properties with comparable prices
Listed by: Ashley Carter • Keller Williams Syracuse
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1560136
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