460 Main StreetCairoNY12413
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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
Rental property for sale in Cairo at 460 Main Street, Cairo, NY, 12413 priced at $149,900 converts $1,555/mo rent into $554/mo cash flow after a $734/mo obligation. Total monthly income equals $1,555/mo, and annual cash flow totals $6,644/yr on $49,692 invested. Return on cash invested prints 33.28% in year one, and rental yield reads 12.45% against a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation compiles into $41,415 by year five. Five-year ROI reaches 175.2% and total cumulative return in cash sums $87,059. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,555/mo property income covering a $734/mo payment, not borrower’s personal income.
Multi Family
Built in 1900
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12413, Cairo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,766 (100%) |
| Owner Occupied HU | 917 (51.9%) |
| Renter Occupied HU | 430 (24.3%) |
| Vacant Housing Units | 419 (23.7%) |
| Median Home Value | $234,105 |
| Average Home Value | $256,974 |
Housing Distribution
Address Breakdown
Residential
1,204
Single Family
1,180
Multi-Family
24
Businesses
134
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