54 Center StFranklinNY13775
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
Rental property for sale in Franklin at 54 Center St, Franklin, NY, 13775 priced at $189,900 pairs $4,001/mo rent with $2,733/mo cash flow after a $929/mo payment. Total monthly income equals $4,001/mo, and annual cash flow comes to $32,800/yr on $62,952 invested. Return on cash invested is 72.01% in year one, and rental yield stands at 25.28% on a $189,900 basis. Equity gained on principal adds $1,225/yr, and 5% annual appreciation accumulates to $52,466 by year five. Five-year ROI measures 382.93% and total cumulative return in cash reaches $241,061. For financing, Ziffy Mortgage’s DSCR program evaluates $4,001/mo property income against a $929/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1890
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13775, Franklin, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 987 (100%) |
| Owner Occupied HU | 537 (54.4%) |
| Renter Occupied HU | 101 (10.2%) |
| Vacant Housing Units | 349 (35.4%) |
| Median Home Value | $240,179 |
| Average Home Value | $290,410 |
Housing Distribution
Address Breakdown
Residential
671
Single Family
671
Multi-Family
0
Businesses
57
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Nearby investment properties with comparable prices
Listed by: Alan Grust • Bordinger Realty, LLC
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1562533
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