7 Felters RdBinghamtonNY13903
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow7 Felters Rd, Binghamton, NY, 13903 in Binghamton is a top-tier cash-flow asset. At $100,900 it produces $2,640/mo in rent and $1,966/mo in net monthly income, a 31.4% gross rental yield. The DSCR of 5.81 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $23,594. Five-year appreciation adds $27,877, driving a total cumulative return of $165,025.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 31.4% | 8.7% |
| Monthly Cash Flow | $1,966 | $850 |
City averages based on Binghamton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,640 |
| Total Monthly Debt Service | $634 |
| DSCR Ratio | 4.17x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1940
5,662 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
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
Single Family
Built in 1940
5,662 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices