121 Shanty Town RdOneontaNY13820
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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 121 Shanty Town Rd, Oneonta, NY, 13820 priced at $347,900 pairs $2,520/mo rent with $197/mo cash flow after a $1,703/mo payment. Total monthly income equals $2,520/mo, and annual cash flow comes to $2,359/yr on $115,329 invested. Return on cash invested is 21.95% in year one, and rental yield stands at 8.69% on a $347,900 basis. Equity gained on principal adds $2,245/yr, and 5% annual appreciation accumulates to $96,118 by year five. Five-year ROI measures 114.46% and total cumulative return in cash reaches $132,003. For financing, Ziffy Mortgage’s DSCR program evaluates $2,520/mo property income against a $1,703/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1992
N/A 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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Listed by: Polly Trottier • Coldwell Banker Timberland Pro
Mls Name: GBMLS
Mls Provider:
Mls ID: #330326
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.