51 Phinney LnCentral SquareNY13036
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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 Central Square at 51 Phinney Ln, Central Square, NY, 13036 generates $2,400/mo in rent, after a $1,835/mo payment. Total monthly income is $2,400/mo. Return on cash invested sits at 18.91% in year one, and rental yield is 7.68% on a $374,900 entry. Equity gained on principal adds $2,419/yr, while 5% annual appreciation builds toward $103,578 over five years. Five-year ROI reaches 98.14% and total cumulative return in cash sums $121,963. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,400/mo property income rather than buyer’s personal income.
Single Family
Built in 2011
1.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13036, Central Square, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,007 (100%) |
| Owner Occupied HU | 2,809 (70.1%) |
| Renter Occupied HU | 833 (20.8%) |
| Vacant Housing Units | 365 ( 9.1%) |
| Median Home Value | $207,260 |
| Average Home Value | $250,626 |
Housing Distribution
Address Breakdown
Residential
3,649
Single Family
3,398
Multi-Family
251
Businesses
236
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Listed by: Teri L Beckwith • Hunt Real Estate ERA
Mls Name: NYSAMLSs
Mls ID: #S1629619