64 N Main StNorwoodNY13668
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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
Rental property for sale in Norwood at 64 N Main St, Norwood, NY, 13668 priced at $122,000 pairs $939/mo rent with $124/mo cash flow after a $597/mo payment. Total monthly income equals $939/mo, and annual cash flow comes to $1,493/yr on $40,443 invested. Return on cash invested is 23.6% in year one, and rental yield stands at 9.24% on a $122,000 basis. Equity gained on principal adds $787/yr, and 5% annual appreciation accumulates to $33,706 by year five. Five-year ROI measures 123.37% and total cumulative return in cash reaches $49,895. For financing, Ziffy Mortgage’s DSCR program evaluates $939/mo property income against a $597/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13668, Norwood, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,732 (100%) |
| Owner Occupied HU | 1,159 (66.9%) |
| Renter Occupied HU | 389 (22.5%) |
| Vacant Housing Units | 184 (10.6%) |
| Median Home Value | $159,375 |
| Average Home Value | $239,834 |
Housing Distribution
Address Breakdown
Residential
1,373
Single Family
1,315
Multi-Family
58
Businesses
55
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