67 Franklin RdWaddingtonNY13694
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 Waddington at 67 Franklin Rd, Waddington, NY, 13694 priced at $127,551 converts $1,799/mo rent into $948/mo cash flow after a $624/mo obligation. Total monthly income equals $1,799/mo, and annual cash flow totals $11,370/yr on $42,283 invested. Return on cash invested prints 46.8% in year one, and rental yield reads 16.92% against a $127,551 entry. Equity gained on principal adds $823/yr, while 5% annual appreciation compiles into $35,240 by year five. Five-year ROI reaches 247.73% and total cumulative return in cash sums $104,750. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,799/mo property income covering a $624/mo payment, not borrower’s personal income.
Single Family
Built in 1967
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13694, Waddington, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 807 (100%) |
| Owner Occupied HU | 499 (61.8%) |
| Renter Occupied HU | 177 (21.9%) |
| Vacant Housing Units | 131 (16.2%) |
| Median Home Value | $292,188 |
| Average Home Value | $271,037 |
Housing Distribution
Address Breakdown
Residential
424
Single Family
394
Multi-Family
30
Businesses
56
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A