171 Gateway LnCooperstownNY13326
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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 Cooperstown at 171 Gateway Ln, Cooperstown, NY, 13326 priced at $399,000 pairs $2,539/mo rent with after a $1,953/mo payment. Total monthly income equals $2,539/mo. Return on cash invested is 18.77% in year one, and rental yield stands at 7.64% on a $399,000 basis. Equity gained on principal adds $2,575/yr, and 5% annual appreciation accumulates to $110,236 by year five. Five-year ROI measures 97.39% and total cumulative return in cash reaches $128,822. For financing, Ziffy Mortgage’s DSCR program evaluates $2,539/mo property income against a $1,953/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2002
6.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13326, Cooperstown, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,325 (100%) |
| Owner Occupied HU | 1,672 (50.3%) |
| Renter Occupied HU | 706 (21.2%) |
| Vacant Housing Units | 947 (28.5%) |
| Median Home Value | $371,429 |
| Average Home Value | $477,196 |
Housing Distribution
Address Breakdown
Residential
2,409
Single Family
2,330
Multi-Family
79
Businesses
374
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Listed by: Margaret Savoie • DON OLIN REALTY INC
Mls Name: NY State MLS
Mls ID: #11578575