48 W Main StSidneyNY13838
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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 Sidney at 48 W Main St, Sidney, NY, 13838 priced at $154,900 converts $1,198/mo rent into $164/mo cash flow after a $758/mo obligation. Total monthly income equals $1,198/mo, and annual cash flow totals $1,965/yr on $51,349 invested. Return on cash invested prints 23.74% in year one, and rental yield reads 9.28% against a $154,900 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation compiles into $42,796 by year five. Five-year ROI reaches 124.01% and total cumulative return in cash sums $63,680. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,198/mo property income covering a $758/mo payment, not borrower’s personal income.
Single Family
Built in 1942
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13838, Sidney, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,294 (100%) |
| Owner Occupied HU | 1,003 (43.7%) |
| Renter Occupied HU | 869 (37.9%) |
| Vacant Housing Units | 422 (18.4%) |
| Median Home Value | $133,388 |
| Average Home Value | $162,565 |
Housing Distribution
Address Breakdown
Residential
1,932
Single Family
1,815
Multi-Family
117
Businesses
216
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