61 Water StFranklinNY13775
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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
Investment property for sale in Franklin at 61 Water St, Franklin, NY, 13775 earns $487/mo cash flow from $1,816/mo rent with a $974/mo payment. Total monthly income totals $1,816/mo, and annual cash flow totals $5,845/yr on $65,969 capital. ROI tracks 28.77% on current figures, and rental yield reads 10.95% at a $199,000 purchase. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 over five years. Five-year ROI reaches 151.06% and total cumulative return in cash sums $99,654. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,816/mo property income instead of your personal income.
Single Family
Built in 1900
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13775, Franklin, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 987 (100%) |
| Owner Occupied HU | 537 (54.4%) |
| Renter Occupied HU | 101 (10.2%) |
| Vacant Housing Units | 349 (35.4%) |
| Median Home Value | $240,179 |
| Average Home Value | $290,410 |
Housing Distribution
Address Breakdown
Residential
671
Single Family
671
Multi-Family
0
Businesses
57
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Listed by: Robert Peterson • Jewett and Jewett LLC
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1566005
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