8 Porter StSeneca FallsNY13148
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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 Seneca Falls at 8 Porter St, Seneca Falls, NY, 13148 priced at $159,000 converts $1,195/mo rent into $133/mo cash flow after a $778/mo obligation. Total monthly income equals $1,195/mo, and annual cash flow totals $1,601/yr on $52,709 invested. Return on cash invested prints 22.95% in year one, and rental yield reads 9.02% against a $159,000 entry. Equity gained on principal adds $1,026/yr, while 5% annual appreciation compiles into $43,929 by year five. Five-year ROI reaches 119.82% and total cumulative return in cash sums $63,156. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,195/mo property income covering a $778/mo payment, not borrower’s personal income.
Single Family
Built in 1890
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13148, Seneca Falls, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,317 (100%) |
| Owner Occupied HU | 2,906 (54.7%) |
| Renter Occupied HU | 1,663 (31.3%) |
| Vacant Housing Units | 748 (14.1%) |
| Median Home Value | $160,094 |
| Average Home Value | $208,365 |
Housing Distribution
Address Breakdown
Residential
4,668
Single Family
4,215
Multi-Family
453
Businesses
313
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Listed by: Belinda A. Fratto • Howard Hanna
Mls Name: NYSAMLSs
Mls ID: #R1655742