6269 Bower RdTrumansburgNY14886
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
Investment property for sale in Trumansburg at 6269 Bower Rd, Trumansburg, NY, 14886 at $265,000 posts ROI 20.32% with $30/mo cash flow from $1,800/mo rent. Total monthly income equals $1,800/mo, and annual cash flow records $365/yr on $87,848 to close. Return on cash invested measures 20.32% and rental yield reads 8.15% at the current $265,000. Equity gained on principal adds $1,710/yr, and 5% annual appreciation supports $73,215 by year five. Five-year ROI prints 105.75% and total cumulative return in cash totals $92,895.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,800/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2000
3.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14886, Trumansburg, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,402 (100%) |
| Owner Occupied HU | 2,281 (67.0%) |
| Renter Occupied HU | 706 (20.8%) |
| Vacant Housing Units | 415 (12.2%) |
| Median Home Value | $310,159 |
| Average Home Value | $337,753 |
Housing Distribution
Address Breakdown
Residential
2,668
Single Family
2,585
Multi-Family
83
Businesses
157
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Listed by: Amanda K Ryen-Yowhan • RE/MAX In Motion
Mls Name: ITMLS
Mls Provider:
Mls ID: #R1528083
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.