501 Harrington RoadWevertownNY12886
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 Wevertown at 501 Harrington Road, Wevertown, NY, 12886 offers a 9.4% rental yield on a $212,000 purchase with $1,660/mo rent. Total monthly income registers $1,660/mo, and a $1,038/mo payment leaves $244/mo available for distribution. Annual cash flow reaches $2,927/yr on $70,278 to close, and return on cash invested stands at 24.07% in year one. Equity gained on principal adds $1,368/yr while 5% annual appreciation supports $58,572 over five years. Portfolio math shows five-year ROI at 125.8% and total cumulative return in cash at $88,411. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,660/mo property income against a $1,038/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12886, Wevertown, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 53 (100%) |
| Owner Occupied HU | 27 (50.9%) |
| Renter Occupied HU | 4 ( 7.5%) |
| Vacant Housing Units | 22 (41.5%) |
| Median Home Value | $346,429 |
| Average Home Value | $370,648 |
Housing Distribution
Address Breakdown
Residential
19
Single Family
19
Multi-Family
0
Businesses
7
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices