97 Spring StWaverlyNY14892
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
Rental property for sale in Waverly at 97 Spring St, Waverly, NY, 14892 offers $1,429/mo rent that, after a $876/mo payment, leaves $234/mo cash flow. Total monthly income is $1,429/mo, and annual cash flow is $2,805/yr on $59,339 cash. Return on cash invested measures 24.64% in year one, and rental yield stands at 9.58% at a $179,000 entry. Equity gained on principal adds $1,155/yr while 5% annual appreciation compounds into $49,454 by year five. Five-year ROI records 128.85% and total cumulative return in cash reaches $76,455. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,429/mo property income versus a $876/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1904
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14892, Waverly, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,747 (100%) |
| Owner Occupied HU | 2,135 (57.0%) |
| Renter Occupied HU | 1,217 (32.5%) |
| Vacant Housing Units | 395 (10.5%) |
| Median Home Value | $154,688 |
| Average Home Value | $208,450 |
Housing Distribution
Address Breakdown
Residential
3,372
Single Family
3,186
Multi-Family
186
Businesses
257
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephanie Ann Rogers Robinson • Realty One Group Supreme
Mls Name: Northern Mountains of Pennsylvania MLS
Mls Provider:
Mls ID: #31721807
Disclaimer: Copyright North Central Penn Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.