2 Mechanic StOxfordNY13830
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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 Oxford at 2 Mechanic St, Oxford, NY, 13830 offers a 7.72% rental yield on a $125,900 purchase with $810/mo rent. 03% in year one. Equity gained on principal adds $812/yr while 5% annual appreciation supports $34,784 over five years. Portfolio math shows five-year ROI at 98.82% and total cumulative return in cash at $41,244. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $810/mo property income against a $616/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13830, Oxford, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,431 (100%) |
| Owner Occupied HU | 1,462 (60.1%) |
| Renter Occupied HU | 386 (15.9%) |
| Vacant Housing Units | 583 (24.0%) |
| Median Home Value | $138,910 |
| Average Home Value | $175,758 |
Housing Distribution
Address Breakdown
Residential
1,687
Single Family
1,687
Multi-Family
0
Businesses
112
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Listed by: Michelle Collins • Howard Hanna
Mls Name: GBMLS
Mls Provider:
Mls ID: #327289
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.