2216 Sunset 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
Investment property for sale in Utica at 2216 Sunset Ave, Utica, NY, 13502 listed at $223,400 pairs $2,317/mo rent with a $1,093/mo payment to leave $826/mo cash flow. Total monthly income runs $2,317/mo, and annual cash flow reaches $9,907/yr on $74,057 cash to close. Return on cash invested measures 33.29% in year one, and rental yield registers 12.45% at a $223,400 basis. Equity gained on principal adds $1,442/yr, and annual property appreciation at 5% supports $61,721 by year five. Five-year ROI tracks 175.24% and total cumulative return in cash totals $129,779. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,317/mo property income relative to a $1,093/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
5,998 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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