2 Old School CtCooperstownNY13326
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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 Cooperstown at 2 Old School Ct, Cooperstown, NY, 13326 offers a 8.43% rental yield on a $289,000 purchase with $2,030/mo rent. Total monthly income registers $2,030/mo, and a $1,415/mo payment leaves $100/mo available for distribution. Annual cash flow reaches $1,195/yr on $95,804 to close, and return on cash invested stands at 21.16% in year one. Equity gained on principal adds $1,865/yr while 5% annual appreciation supports $79,845 over five years. Portfolio math shows five-year ROI at 110.19% and total cumulative return in cash at $105,566. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,030/mo property income against a $1,415/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1939
3,049 sqft 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: Nancy Angerer • LAMB REALTY
Mls Name: NY State MLS
Mls ID: #11328131