1114 Stark StUticaNY13502
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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 Utica at 1114 Stark St, Utica, NY, 13502 offers a 15.46% rental yield on a $129,000 purchase with $1,662/mo rent. Total monthly income registers $1,662/mo, and a $631/mo payment leaves $801/mo available for distribution. Annual cash flow reaches $9,611/yr on $42,764 to close, and return on cash invested stands at 42.38% in year one. Equity gained on principal adds $832/yr while 5% annual appreciation supports $35,640 over five years. Portfolio math shows five-year ROI at 223.99% and total cumulative return in cash at $95,785. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,662/mo property income against a $631/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1890
3,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13502, Utica, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,550 (100%) |
| Owner Occupied HU | 7,571 (48.7%) |
| Renter Occupied HU | 6,211 (39.9%) |
| Vacant Housing Units | 1,768 (11.4%) |
| Median Home Value | $164,440 |
| Average Home Value | $209,266 |
Housing Distribution
Address Breakdown
Residential
14,327
Single Family
13,277
Multi-Family
1,050
Businesses
1,009
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