1603 Harrison AveUticaNY13501
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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 1603 Harrison Ave, Utica, NY, 13501 earns $462/mo cash flow from $1,697/mo rent with a $905/mo payment. Total monthly income totals $1,697/mo, and annual cash flow totals $5,547/yr on $61,294 capital. ROI tracks 28.96% on current figures, and rental yield reads 11.01% at a $184,900 purchase. Equity gained on principal adds $1,193/yr, and 5% annual appreciation supports $51,084 over five years. Five-year ROI reaches 152.05% and total cumulative return in cash sums $93,199. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,697/mo property income instead of your personal income.
Single Family
Built in 1925
3,920 sqft 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
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