607 Wallace StEndicottNY13760
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Endicott at 607 Wallace St, Endicott, NY, 13760 priced at $165,000 converts $1,848/mo rent into $746/mo cash flow after a $808/mo obligation. Total monthly income equals $1,848/mo, and annual cash flow totals $8,949/yr on $54,698 invested. Return on cash invested prints 36.27% in year one, and rental yield reads 13.44% against a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation compiles into $45,586 by year five. Five-year ROI reaches 191.26% and total cumulative return in cash sums $104,615. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,848/mo property income covering a $808/mo payment, not borrower’s personal income.
Single Family
Built in 1954
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13760, Endicott, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,790 (100%) |
| Owner Occupied HU | 12,434 (57.1%) |
| Renter Occupied HU | 7,144 (32.8%) |
| Vacant Housing Units | 2,212 (10.2%) |
| Median Home Value | $169,978 |
| Average Home Value | $219,986 |
Housing Distribution
Address Breakdown
Residential
19,031
Single Family
17,461
Multi-Family
1,570
Businesses
885
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices