7 Tremont AveBinghamtonNY13903
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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
Investment property for sale in Binghamton at 7 Tremont Ave, Binghamton, NY, 13903 with 5% annual appreciation on a $479,100 basis while $1,494/mo rent supports operations. 02% in year one. Equity gained on principal adds $3,092/yr, and five-year appreciation sums $132,367 alongside rental yield of 3.74%. Five-year ROI measures 34.38% and total cumulative return in cash totals $54,598. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,494/mo property income versus a $2,345/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Apartment
Built in N/A
N/A 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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