5565 Ridge RdCazenoviaNY13035
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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
Investment property for sale in Cazenovia at 5565 Ridge Rd, Cazenovia, NY, 13035 listed at $379,000 pairs $1,596/mo rent with a $1,855/mo payment. Total monthly income runs $1,596/mo. Return on cash invested measures 10.98% in year one, and rental yield registers 5.05% at a $379,000 basis. Equity gained on principal adds $2,446/yr, and annual property appreciation at 5% supports $104,711 by year five. Five-year ROI tracks 55.63% and total cumulative return in cash totals $69,899. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,596/mo property income relative to a $1,855/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
1.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13035, Cazenovia, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,501 (100%) |
| Owner Occupied HU | 2,422 (69.2%) |
| Renter Occupied HU | 700 (20.0%) |
| Vacant Housing Units | 379 (10.8%) |
| Median Home Value | $340,599 |
| Average Home Value | $432,511 |
Housing Distribution
Address Breakdown
Residential
3,352
Single Family
3,151
Multi-Family
201
Businesses
302
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