5617 Town Line RdVeronaNY13478
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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 Verona at 5617 Town Line Rd, Verona, NY, 13478 priced at $414,900 converts $0/mo rent into after a $2,031/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -4.27% in year one, and rental yield reads 0% against a $414,900 entry. Equity gained on principal adds $2,677/yr, while 5% annual appreciation compiles into $114,629 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $2,031/mo payment, not borrower’s personal income.
Single Family
Built in 1975
3.01 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
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: James Clute • Berkshire Hathaway CNY Realty
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1552387
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