103 Onondaga RdOld ForgeNY13420
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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 Old Forge at 103 Onondaga Rd, Old Forge, NY, 13420 earns from $2,072/mo rent with a $2,687/mo payment. Total monthly income totals $2,072/mo. ROI tracks 9.47% on current figures, and rental yield reads 4.53% at a $549,000 purchase. Equity gained on principal adds $3,543/yr, and 5% annual appreciation supports $151,679 over five years. Five-year ROI reaches 47.47% and total cumulative return in cash sums $85,748. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,072/mo property income instead of your personal income.
Single Family
Built in 1993
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13420, Old Forge, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,422 (100%) |
| Owner Occupied HU | 492 (20.3%) |
| Renter Occupied HU | 137 ( 5.7%) |
| Vacant Housing Units | 1,793 (74.0%) |
| Median Home Value | $350,000 |
| Average Home Value | $456,712 |
Housing Distribution
Address Breakdown
Residential
95
Single Family
92
Multi-Family
3
Businesses
137
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Listed by: Melissa Tokaryk • Howard Hanna Real Estate
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1606415
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