81 Baldwin StreetBinghamtonNY13903
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Nearby investment properties with comparable prices
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 81 Baldwin Street, Binghamton, NY, 13903 at $195,000 posts ROI 33.72% with $744/mo cash flow from $2,046/mo rent. Total monthly income equals $2,046/mo, and annual cash flow records $8,931/yr on $64,643 to close. Return on cash invested measures 33.72% and rental yield reads 12.59% at the current $195,000. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,875 by year five. Five-year ROI prints 177.63% and total cumulative return in cash totals $114,826.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,046/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1950
4,368 sqft 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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Listed by: Raymond N. Rivera • One Stop Multi Service Inc
Mls Name: OneKey MLS
Mls ID: #853097