5716 Searsburg RdTrumansburgNY14886
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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 Trumansburg at 5716 Searsburg Rd, Trumansburg, NY, 14886 uses $58,013 cash to close to unlock $2,159/yr annual cash flow and $180/mo monthly cash flow. Total monthly income runs $1,349/mo, and a $857/mo payment keeps the spread at $180/mo. Purchase price stands at $175,000, and rental yield measures 9.25% with $1,349/mo rent. Return on cash invested shows 23.63% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 123.44% and total cumulative return in cash records $71,611. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,349/mo property income covering a $857/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14886, Trumansburg, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,402 (100%) |
| Owner Occupied HU | 2,281 (67.0%) |
| Renter Occupied HU | 706 (20.8%) |
| Vacant Housing Units | 415 (12.2%) |
| Median Home Value | $310,159 |
| Average Home Value | $337,753 |
Housing Distribution
Address Breakdown
Residential
2,668
Single Family
2,585
Multi-Family
83
Businesses
157
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Listed by: Amanda K Ryen-Yowhan • RE/MAX In Motion
Mls Name: NYSAMLSs
Mls ID: #R1626560