9 Ritton StSidneyNY13838
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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 Sidney at 9 Ritton St, Sidney, NY, 13838 uses $43,095 cash to close to unlock $1,106/yr annual cash flow and $92/mo monthly cash flow. Total monthly income runs $960/mo, and a $636/mo payment keeps the spread at $92/mo. Purchase price stands at $130,000, and rental yield measures 8.86% with $960/mo rent. Return on cash invested shows 22.48% in year one, and 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 117.35% and total cumulative return in cash records $50,571. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $960/mo property income covering a $636/mo payment rather than investor’s personal income.
Single Family
Built in 1942
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13838, Sidney, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,294 (100%) |
| Owner Occupied HU | 1,003 (43.7%) |
| Renter Occupied HU | 869 (37.9%) |
| Vacant Housing Units | 422 (18.4%) |
| Median Home Value | $133,388 |
| Average Home Value | $162,565 |
Housing Distribution
Address Breakdown
Residential
1,932
Single Family
1,815
Multi-Family
117
Businesses
216
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