107 ElmOneontaNY13820
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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
Rental property for sale in Oneonta at 107 Elm, Oneonta, NY, 13820 priced at $349,000 converts $3,270/mo rent into $940/mo cash flow after a $1,708/mo obligation. Total monthly income equals $3,270/mo, and annual cash flow totals $11,275/yr on $115,694 invested. Return on cash invested prints 29.65% in year one, and rental yield reads 11.24% against a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation compiles into $96,422 by year five. Five-year ROI reaches 155.75% and total cumulative return in cash sums $180,192. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,270/mo property income covering a $1,708/mo payment, not borrower’s personal income.
Multi Family
Built in 1975
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13820, Oneonta, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,072 (100%) |
| Owner Occupied HU | 4,415 (48.7%) |
| Renter Occupied HU | 3,140 (34.6%) |
| Vacant Housing Units | 1,517 (16.7%) |
| Median Home Value | $201,323 |
| Average Home Value | $244,517 |
Housing Distribution
Address Breakdown
Residential
8,152
Single Family
7,623
Multi-Family
529
Businesses
1,010
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