120 Otsego StCanajoharieNY13317
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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 Canajoharie at 120 Otsego St, Canajoharie, NY, 13317 priced at $250,000 pairs $1,994/mo rent with $324/mo cash flow after a $1,224/mo payment. Total monthly income equals $1,994/mo, and annual cash flow comes to $3,890/yr on $82,875 invested. Return on cash invested is 24.6% in year one, and rental yield stands at 9.57% on a $250,000 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,070 by year five. Five-year ROI measures 128.71% and total cumulative return in cash reaches $106,666. For financing, Ziffy Mortgage’s DSCR program evaluates $1,994/mo property income against a $1,224/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1905
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13317, Canajoharie, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,753 (100%) |
| Owner Occupied HU | 1,072 (61.2%) |
| Renter Occupied HU | 422 (24.1%) |
| Vacant Housing Units | 259 (14.8%) |
| Median Home Value | $141,241 |
| Average Home Value | $206,182 |
Housing Distribution
Address Breakdown
Residential
1,579
Single Family
1,506
Multi-Family
73
Businesses
149
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Listed by: Joshua Rumberger • Keller Williams Upstate NY Properties
Mls Name: NYSAMLSs
Mls ID: #R1653763