8 S Broad 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
Investment property for sale in Carthage at 8 S Broad St, Carthage, NY, 13619 earns $224/mo cash flow from $1,352/mo rent with a $827/mo payment. Total monthly income totals $1,352/mo, and annual cash flow totals $2,683/yr on $56,024 capital. ROI tracks 24.7% on current figures, and rental yield reads 9.6% at a $169,000 purchase. Equity gained on principal adds $1,091/yr, and 5% annual appreciation supports $46,692 over five years. Five-year ROI reaches 129.17% and total cumulative return in cash sums $72,367. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,352/mo property income instead of your personal income.
Single Family
Built in 1924
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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