184 Catlin Hill RdOwegoNY13827
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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 Owego at 184 Catlin Hill Rd, Owego, NY, 13827 uses $54,698 cash to close to unlock $1,653/yr annual cash flow and $138/mo monthly cash flow. Total monthly income runs $1,240/mo, and a $808/mo payment keeps the spread at $138/mo. Purchase price stands at $165,000, and rental yield measures 9.02% with $1,240/mo rent. Return on cash invested shows 22.93% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 119.7% and total cumulative return in cash records $65,471. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,240/mo property income covering a $808/mo payment rather than investor’s personal income.
Manufactured
Built in 1985
4.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13827, Owego, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,360 (100%) |
| Owner Occupied HU | 3,381 (63.1%) |
| Renter Occupied HU | 1,480 (27.6%) |
| Vacant Housing Units | 499 ( 9.3%) |
| Median Home Value | $172,375 |
| Average Home Value | $188,393 |
Housing Distribution
Address Breakdown
Residential
4,983
Single Family
4,745
Multi-Family
238
Businesses
455
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