605 Main StVestalNY13850
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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 Vestal at 605 Main St, Vestal, NY, 13850 offers $1,740/mo rent that, after a $622/mo payment, leaves $892/mo cash flow. Total monthly income is $1,740/mo, and annual cash flow is $10,698/yr on $42,101 cash. Return on cash invested measures 45.32% in year one, and rental yield stands at 16.44% at a $127,000 entry. Equity gained on principal adds $820/yr while 5% annual appreciation compounds into $35,088 by year five. Five-year ROI records 239.82% and total cumulative return in cash reaches $100,965. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,740/mo property income versus a $622/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13850, Vestal, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,667 (100%) |
| Owner Occupied HU | 6,527 (67.5%) |
| Renter Occupied HU | 2,350 (24.3%) |
| Vacant Housing Units | 790 ( 8.2%) |
| Median Home Value | $198,051 |
| Average Home Value | $275,759 |
Housing Distribution
Address Breakdown
Residential
8,697
Single Family
7,763
Multi-Family
934
Businesses
686
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Listed by: Kristi Frantellizzi • EXIT REALTY FRONT AND CENTER
Mls Name: GBMLS
Mls Provider:
Mls ID: #326616
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.