82 Front StBinghamtonNY13905
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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 Binghamton at 82 Front St, Binghamton, NY, 13905 priced at $330,172 converts $1,013/mo rent into after a $1,616/mo obligation. Total monthly income equals $1,013/mo. Return on cash invested prints 6.84% in year one, and rental yield reads 3.68% against a $330,172 entry. Equity gained on principal adds $2,131/yr, while 5% annual appreciation compiles into $91,220 by year five. Five-year ROI reaches 33.43% and total cumulative return in cash sums $36,593. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,013/mo property income covering a $1,616/mo payment, not borrower’s personal income.
Single Family
Built in 1910
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13905, Binghamton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,068 (100%) |
| Owner Occupied HU | 5,281 (37.5%) |
| Renter Occupied HU | 6,678 (47.5%) |
| Vacant Housing Units | 2,109 (15.0%) |
| Median Home Value | $162,713 |
| Average Home Value | $219,383 |
Housing Distribution
Address Breakdown
Residential
11,769
Single Family
10,232
Multi-Family
1,537
Businesses
625
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Listed by: N/A • N/A
Mls Name: EXIT Realty broker feed
Mls ID: #331078