1580 State Highway 26South OtselicNY13155
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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 South Otselic at 1580 State Highway 26, South Otselic, NY, 13155 generates $2,372/mo in rent, after a $3,421/mo payment. Total monthly income is $2,372/mo. Return on cash invested sits at 8.08% in year one, and rental yield is 4.07% on a $699,000 entry. Equity gained on principal adds $4,511/yr, while 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 40.04% and total cumulative return in cash sums $92,078. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,372/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
195.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13155, South Otselic, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 342 (100%) |
| Owner Occupied HU | 231 (67.5%) |
| Renter Occupied HU | 39 (11.4%) |
| Vacant Housing Units | 72 (21.1%) |
| Median Home Value | $162,019 |
| Average Home Value | $173,885 |
Housing Distribution
Address Breakdown
Residential
130
Single Family
130
Multi-Family
0
Businesses
20
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Listed by: John Myers • WHITETAIL PROPERTIES REAL ESTATE LLC (NY)
Mls Name: NY State MLS
Mls ID: #11341883