54 Grove StreetCairoNY12413
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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 Cairo at 54 Grove Street, Cairo, NY, 12413 generates $2,045/mo in rent, after a $1,835/mo payment. Total monthly income is $2,045/mo. Return on cash invested sits at 15.48% in year one, and rental yield is 6.54% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 79.77% and total cumulative return in cash sums $99,159. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,045/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12413, Cairo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,766 (100%) |
| Owner Occupied HU | 917 (51.9%) |
| Renter Occupied HU | 430 (24.3%) |
| Vacant Housing Units | 419 (23.7%) |
| Median Home Value | $234,105 |
| Average Home Value | $256,974 |
Housing Distribution
Address Breakdown
Residential
1,204
Single Family
1,180
Multi-Family
24
Businesses
134
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