2 Kellogg AveUticaNY13502
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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 Utica at 2 Kellogg Ave, Utica, NY, 13502 priced at $249,900 pairs $985/mo rent with after a $1,223/mo payment. Total monthly income equals $985/mo. Return on cash invested is 10.01% in year one, and rental yield stands at 4.73% on a $249,900 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,043 by year five. Five-year ROI measures 50.4% and total cumulative return in cash reaches $41,750. For financing, Ziffy Mortgage’s DSCR program evaluates $985/mo property income against a $1,223/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1960
7,370 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13502, Utica, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,550 (100%) |
| Owner Occupied HU | 7,571 (48.7%) |
| Renter Occupied HU | 6,211 (39.9%) |
| Vacant Housing Units | 1,768 (11.4%) |
| Median Home Value | $164,440 |
| Average Home Value | $209,266 |
Housing Distribution
Address Breakdown
Residential
14,327
Single Family
13,277
Multi-Family
1,050
Businesses
1,009
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Listed by: Brett Lojewski • Weichert Realtors Premier Properties
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1603302
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