6 Ritton StSidneyNY13838
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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 Sidney at 6 Ritton St, Sidney, NY, 13838 offers $960/mo rent that, after a $685/mo payment, leaves $26/mo cash flow. Total monthly income is $960/mo, and annual cash flow is $306/yr on $46,373 cash. Return on cash invested measures 20.57% in year one, and rental yield stands at 8.24% at a $139,888 entry. Equity gained on principal adds $903/yr while 5% annual appreciation compounds into $38,648 by year five. Five-year ROI records 107.08% and total cumulative return in cash reaches $49,655. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $960/mo property income versus a $685/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1850
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13838, Sidney, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,294 (100%) |
| Owner Occupied HU | 1,003 (43.7%) |
| Renter Occupied HU | 869 (37.9%) |
| Vacant Housing Units | 422 (18.4%) |
| Median Home Value | $133,388 |
| Average Home Value | $162,565 |
Housing Distribution
Address Breakdown
Residential
1,932
Single Family
1,815
Multi-Family
117
Businesses
216
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