8666 Aitken AveWhitesboroNY13492
Nearby investment properties with comparable rents
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 Whitesboro at 8666 Aitken Ave, Whitesboro, NY, 13492 offers a 8.9% rental yield on a $289,000 purchase with $2,144/mo rent. Total monthly income registers $2,144/mo, and a $1,415/mo payment leaves $214/mo available for distribution. Annual cash flow reaches $2,563/yr on $95,804 to close, and return on cash invested stands at 22.58% in year one. Equity gained on principal adds $1,865/yr while 5% annual appreciation supports $79,845 over five years. Portfolio math shows five-year ROI at 117.84% and total cumulative return in cash at $112,898. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,144/mo property income against a $1,415/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13492, Whitesboro, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,206 (100%) |
| Owner Occupied HU | 3,737 (71.8%) |
| Renter Occupied HU | 1,177 (22.6%) |
| Vacant Housing Units | 292 ( 5.6%) |
| Median Home Value | $231,613 |
| Average Home Value | $269,076 |
Housing Distribution
Address Breakdown
Residential
5,094
Single Family
4,824
Multi-Family
270
Businesses
251
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christina Palmiotto • Coldwell Banker Faith Properties Il
Mls Name: NYSAMLSs
Mls ID: #S1619772