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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 Ithaca at 1568 Slaterville Rd, Ithaca, NY, 14850 earns $423/mo cash flow from $2,220/mo rent with a $1,317/mo payment. Total monthly income totals $2,220/mo, and annual cash flow totals $5,079/yr on $89,174 capital. ROI tracks 25.61% on current figures, and rental yield reads 9.9% at a $269,000 purchase. Equity gained on principal adds $1,736/yr, and 5% annual appreciation supports $74,320 over five years. Five-year ROI reaches 134.07% and total cumulative return in cash sums $119,555. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,220/mo property income instead of your personal income.
Single Family
Built in 1948
0.40 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 14850, Ithaca, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,729 (100%) |
| Owner Occupied HU | 11,235 (34.3%) |
| Renter Occupied HU | 17,703 (54.1%) |
| Vacant Housing Units | 3,791 (11.6%) |
| Median Home Value | $378,270 |
| Average Home Value | $423,650 |
Housing Distribution
Address Breakdown
Residential
28,013
Single Family
20,515
Multi-Family
7,498
Businesses
1,944
Price History
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1948
- Architectural Style: N/A
- Building Area: N/A
- Living Area: N/A
- Property Condition: N/A
Features & Amenities
- Heating: N/A
- Cooling: N/A
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: No Garage
Location
- City: N/A
- Subdivision: N/A
- Lot Size: 0.40 Acres
- Lot Features: N/A
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Joseph G Giordano • Howard Hanna S Tier Inc
Mls Name: NYSAMLSs
Mls ID: #R1649045