121 Owego StMontour FallsNY14865
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Nearby investment properties with comparable prices
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 Montour Falls at 121 Owego St, Montour Falls, NY, 14865 offers a 10.82% rental yield on a $159,000 purchase with $1,434/mo rent. Total monthly income registers $1,434/mo, and a $778/mo payment leaves $372/mo available for distribution. Annual cash flow reaches $4,469/yr on $52,709 to close, and return on cash invested stands at 28.39% in year one. Equity gained on principal adds $1,026/yr while 5% annual appreciation supports $43,929 over five years. Portfolio math shows five-year ROI at 149.01% and total cumulative return in cash at $78,540. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,434/mo property income against a $778/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1860
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14865, Montour Falls, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,248 (100%) |
| Owner Occupied HU | 732 (58.7%) |
| Renter Occupied HU | 366 (29.3%) |
| Vacant Housing Units | 150 (12.0%) |
| Median Home Value | $155,172 |
| Average Home Value | $199,279 |
Housing Distribution
Address Breakdown
Residential
922
Single Family
854
Multi-Family
68
Businesses
117
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Listed by: Vivian D. Schamel • Keller Williams Realty Southern Tier & Finger Lakes
Mls Name: NYSAMLSs
Mls ID: #R1647492