60 W Main StBainbridgeNY13733
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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 Bainbridge at 60 W Main St, Bainbridge, NY, 13733 priced at $339,000 pairs $1,080/mo rent with after a $1,659/mo payment. Total monthly income equals $1,080/mo. Return on cash invested is 7.27% in year one, and rental yield stands at 3.82% on a $339,000 basis. Equity gained on principal adds $2,188/yr, and 5% annual appreciation accumulates to $93,659 by year five. Five-year ROI measures 35.72% and total cumulative return in cash reaches $40,144. For financing, Ziffy Mortgage’s DSCR program evaluates $1,080/mo property income against a $1,659/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13733, Bainbridge, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,586 (100%) |
| Owner Occupied HU | 1,655 (64.0%) |
| Renter Occupied HU | 441 (17.1%) |
| Vacant Housing Units | 490 (18.9%) |
| Median Home Value | $165,320 |
| Average Home Value | $188,882 |
Housing Distribution
Address Breakdown
Residential
2,273
Single Family
2,257
Multi-Family
16
Businesses
122
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Listed by: Kathy Hartman • KELLER WILLIAMS UPSTATE NY PROPERTIES
Mls Name: GBMLS
Mls Provider:
Mls ID: #325999
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.