802 State 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 802 State St, Carthage, NY, 13619 at $120,000 posts ROI 24.01% with $136/mo cash flow from $937/mo rent. Total monthly income equals $937/mo, and annual cash flow records $1,632/yr on $39,780 to close. Return on cash invested measures 24.01% and rental yield reads 9.37% at the current $120,000. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 by year five. Five-year ROI prints 125.48% and total cumulative return in cash totals $49,915.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $937/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1890
8,716 sqft 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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