1219 Mathews AveUticaNY13502
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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 1219 Mathews Ave, Utica, NY, 13502 uses $59,637 cash to close to unlock $5,402/yr annual cash flow and $450/mo monthly cash flow. Total monthly income runs $1,652/mo, and a $881/mo payment keeps the spread at $450/mo. Purchase price stands at $179,900, and rental yield measures 11.02% with $1,652/mo rent. Return on cash invested shows 28.97% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 152.16% and total cumulative return in cash records $90,741. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,652/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1920
6,272 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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