8476 State Route 34WeedsportNY13166
Nearby investment properties with comparable rents
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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 Weedsport at 8476 State Route 34, Weedsport, NY, 13166 offers $1,470/mo rent that, after a $1,708/mo payment. Total monthly income is $1,470/mo. Return on cash invested measures 10.98% in year one, and rental yield stands at 5.06% at a $348,900 entry. Equity gained on principal adds $2,251/yr while 5% annual appreciation compounds into $96,395 by year five. Five-year ROI records 55.63% and total cumulative return in cash reaches $64,336. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,470/mo property income versus a $1,708/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1800
30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13166, Weedsport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,477 (100%) |
| Owner Occupied HU | 1,781 (71.9%) |
| Renter Occupied HU | 465 (18.8%) |
| Vacant Housing Units | 231 ( 9.3%) |
| Median Home Value | $171,051 |
| Average Home Value | $250,626 |
Housing Distribution
Address Breakdown
Residential
2,020
Single Family
1,635
Multi-Family
385
Businesses
124
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Listed by: Dean D. Cummins • Sun Harvest Realty Inc.
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1560554
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