77 Bridge StCarthageNY13619
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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 Carthage at 77 Bridge St, Carthage, NY, 13619 priced at $210,500 converts $1,651/mo rent into $246/mo cash flow after a $1,030/mo obligation. Total monthly income equals $1,651/mo, and annual cash flow totals $2,947/yr on $69,781 invested. Return on cash invested prints 24.13% in year one, and rental yield reads 9.41% against a $210,500 entry. Equity gained on principal adds $1,358/yr, while 5% annual appreciation compiles into $58,157 by year five. Five-year ROI reaches 126.16% and total cumulative return in cash sums $88,036. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,651/mo property income covering a $1,030/mo payment, not borrower’s personal income.
Single Family
Built in 1940
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13619, Carthage, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,342 (100%) |
| Owner Occupied HU | 2,743 (51.3%) |
| Renter Occupied HU | 1,786 (33.4%) |
| Vacant Housing Units | 813 (15.2%) |
| Median Home Value | $202,417 |
| Average Home Value | $239,043 |
Housing Distribution
Address Breakdown
Residential
4,248
Single Family
3,726
Multi-Family
522
Businesses
213
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