177 Baker Hill RdOtegoNY13825
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
Rental property for sale in Otego at 177 Baker Hill Rd, Otego, NY, 13825 priced at $775,000 converts $3,000/mo rent into after a $3,793/mo obligation. Total monthly income equals $3,000/mo. Return on cash invested prints 9.82% in year one, and rental yield reads 4.65% against a $775,000 entry. Equity gained on principal adds $5,001/yr, while 5% annual appreciation compiles into $214,118 by year five. Five-year ROI reaches 49.37% and total cumulative return in cash sums $125,875. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,000/mo property income covering a $3,793/mo payment, not borrower’s personal income.
Single Family
Built in 1971
13.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13825, Otego, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,666 (100%) |
| Owner Occupied HU | 1,112 (66.7%) |
| Renter Occupied HU | 264 (15.8%) |
| Vacant Housing Units | 290 (17.4%) |
| Median Home Value | $210,900 |
| Average Home Value | $231,174 |
Housing Distribution
Address Breakdown
Residential
1,257
Single Family
1,257
Multi-Family
0
Businesses
54
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices