1220 Greenview DrUticaNY13501
Nearby investment properties with comparable rents
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 Utica at 1220 Greenview Dr, Utica, NY, 13501 uses $66,267 cash to close to unlock $8,346/yr annual cash flow and $696/mo monthly cash flow. Total monthly income runs $2,030/mo, and a $978/mo payment keeps the spread at $696/mo. Purchase price stands at $199,900, and rental yield measures 12.19% with $2,030/mo rent. Return on cash invested shows 32.5% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 171.05% and total cumulative return in cash records $113,353. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,030/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 1940
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13501, Utica, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,745 (100%) |
| Owner Occupied HU | 6,876 (38.7%) |
| Renter Occupied HU | 8,830 (49.8%) |
| Vacant Housing Units | 2,039 (11.5%) |
| Median Home Value | $170,954 |
| Average Home Value | $241,228 |
Housing Distribution
Address Breakdown
Residential
14,993
Single Family
12,970
Multi-Family
2,023
Businesses
995
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices