5398 Mitchell RdVeronaNY13478
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 Verona at 5398 Mitchell Rd, Verona, NY, 13478 at $189,900 posts ROI 23.61% with $194/mo cash flow from $1,462/mo rent. Total monthly income equals $1,462/mo, and annual cash flow records $2,332/yr on $62,952 to close. Return on cash invested measures 23.61% and rental yield reads 9.24% at the current $189,900. Equity gained on principal adds $1,225/yr, and 5% annual appreciation supports $52,466 by year five. Five-year ROI prints 123.4% and total cumulative return in cash totals $77,681.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,462/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1978
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13478, Verona, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,277 (100%) |
| Owner Occupied HU | 978 (76.6%) |
| Renter Occupied HU | 198 (15.5%) |
| Vacant Housing Units | 101 ( 7.9%) |
| Median Home Value | $222,477 |
| Average Home Value | $225,481 |
Housing Distribution
Address Breakdown
Residential
1,186
Single Family
1,186
Multi-Family
0
Businesses
53
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ashley Carter • Keller Williams Syracuse
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1597093
Disclaimer: The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, UNYREIS and WNYREIS. Real estate listings held by firms other than Zillow, Inc. are marked with the IDX logo and include the Listing Brokers Firm Name. Listing Data last updated at 2025-04-08 06:12:25 PDT. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.