5 S State StRipleyNY14775
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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
Investment property for sale in Ripley at 5 S State St, Ripley, NY, 14775 earns from $1,100/mo rent with a $1,077/mo payment. Total monthly income totals $1,100/mo. ROI tracks 13.83% on current figures, and rental yield reads 6% at a $220,000 purchase. Equity gained on principal adds $1,420/yr, and 5% annual appreciation supports $60,782 over five years. Five-year ROI reaches 70.92% and total cumulative return in cash sums $51,719. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,100/mo property income instead of your personal income.
Multi Family
Built in 1890
10,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14775, Ripley, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,269 (100%) |
| Owner Occupied HU | 834 (65.7%) |
| Renter Occupied HU | 190 (15.0%) |
| Vacant Housing Units | 245 (19.3%) |
| Median Home Value | $164,826 |
| Average Home Value | $238,831 |
Housing Distribution
Address Breakdown
Residential
777
Single Family
758
Multi-Family
19
Businesses
47
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