620 Cain StChittenangoNY13037
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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 Chittenango at 620 Cain St, Chittenango, NY, 13037 offers a 13.57% rental yield on a $132,900 purchase with $1,503/mo rent. Total monthly income registers $1,503/mo, and a $650/mo payment leaves $616/mo available for distribution. Annual cash flow reaches $7,392/yr on $44,056 to close, and return on cash invested stands at 36.69% in year one. Equity gained on principal adds $858/yr while 5% annual appreciation supports $36,718 over five years. Portfolio math shows five-year ROI at 193.45% and total cumulative return in cash at $85,225. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,503/mo property income against a $650/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13037, Chittenango, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,875 (100%) |
| Owner Occupied HU | 2,832 (73.1%) |
| Renter Occupied HU | 824 (21.3%) |
| Vacant Housing Units | 219 ( 5.7%) |
| Median Home Value | $246,088 |
| Average Home Value | $264,097 |
Housing Distribution
Address Breakdown
Residential
3,813
Single Family
3,430
Multi-Family
383
Businesses
214
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Listed by: George B. Bettinger • Bettingers Best Choice Realty
Mls Name: NYSAMLSs
Mls ID: #S1654690