66 Evans StBinghamtonNY13903
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
Rental property for sale in Binghamton at 66 Evans St, Binghamton, NY, 13903 priced at $119,900 pairs $934/mo rent with $133/mo cash flow after a $587/mo payment. Total monthly income equals $934/mo, and annual cash flow comes to $1,598/yr on $39,747 invested. Return on cash invested is 23.93% in year one, and rental yield stands at 9.35% on a $119,900 basis. Equity gained on principal adds $774/yr, and 5% annual appreciation accumulates to $33,126 by year five. Five-year ROI measures 125.2% and total cumulative return in cash reaches $49,764. For financing, Ziffy Mortgage’s DSCR program evaluates $934/mo property income against a $587/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1993
5,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13903, Binghamton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,954 (100%) |
| Owner Occupied HU | 5,123 (57.2%) |
| Renter Occupied HU | 2,916 (32.6%) |
| Vacant Housing Units | 915 (10.2%) |
| Median Home Value | $175,311 |
| Average Home Value | $220,383 |
Housing Distribution
Address Breakdown
Residential
7,773
Single Family
7,416
Multi-Family
357
Businesses
297
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Listed by: Shannon Hays-Gruss • EXIT REALTY HOMEWARD BOUND
Mls Name: GBMLS
Mls ID: #332771