48 Ashwood AveWhitesboroNY13492
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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 Whitesboro at 48 Ashwood Ave, Whitesboro, NY, 13492 offers $1,593/mo rent that, after a $979/mo payment, leaves $257/mo cash flow. Total monthly income is $1,593/mo, and annual cash flow is $3,088/yr on $66,297 cash. Return on cash invested measures 24.57% in year one, and rental yield stands at 9.56% at a $199,990 entry. Equity gained on principal adds $1,291/yr while 5% annual appreciation compounds into $55,254 by year five. Five-year ROI records 128.5% and total cumulative return in cash reaches $85,193. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,593/mo property income versus a $979/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
9,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13492, Whitesboro, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,206 (100%) |
| Owner Occupied HU | 3,737 (71.8%) |
| Renter Occupied HU | 1,177 (22.6%) |
| Vacant Housing Units | 292 ( 5.6%) |
| Median Home Value | $231,613 |
| Average Home Value | $269,076 |
Housing Distribution
Address Breakdown
Residential
5,094
Single Family
4,824
Multi-Family
270
Businesses
251
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Listed by: Mark S. Canter • Howard Hanna Cny Inc
Mls Name: NYSAMLSs
Mls ID: #S1638797