609 Jones RdVestalNY13850
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 609 Jones Rd, Vestal, NY, 13850 in Vestal speaks for itself: 13.25% gross on a $232,000 price, generating $2,561/mo in rent and $1,012/mo in net income after the $1,043/mo debt service. DSCR 2.46, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $12,139 stacks alongside $64,097 in projected five-year appreciation and $2,137/yr in principal reduction. Projected total cumulative return: $153,619.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 13.3% | 6.2% |
| Monthly Cash Flow | $1,012 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,561 |
| Total Monthly Debt Service | $1,457 |
| DSCR Ratio | 1.76x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1849
1.82 Acres 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
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
Single Family
Built in 1849
1.82 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Caryn Gusefski • EXIT REALTY HOMEWARD BOUND
Mls Name: GBMLS
Mls Provider:
Mls ID: #332572
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.