2241 County Road 7OdessaNY14869
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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 Odessa at 2241 County Road 7, Odessa, NY, 14869 uses $115,859 cash to close to unlock $513/yr annual cash flow and $43/mo monthly cash flow. Total monthly income runs $2,377/mo, and a $1,711/mo payment keeps the spread at $43/mo. Purchase price stands at $349,500, and rental yield measures 8.16% with $2,377/mo rent. Return on cash invested shows 20.35% in year one, and 5% annual appreciation builds toward $96,560 over five years. Five-year ROI reaches 105.85% and total cumulative return in cash records $122,641. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,377/mo property income covering a $1,711/mo payment rather than investor’s personal income.
Single Family
Built in N/A
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14869, Odessa, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 581 (100%) |
| Owner Occupied HU | 386 (66.4%) |
| Renter Occupied HU | 133 (22.9%) |
| Vacant Housing Units | 62 (10.7%) |
| Median Home Value | $174,603 |
| Average Home Value | $269,754 |
Housing Distribution
Address Breakdown
Residential
468
Single Family
451
Multi-Family
17
Businesses
41
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Listed by: Alan Specchio • Warren Real Estate - Watkins Glen
Mls Name: ECMLS
Mls Provider:
Mls ID: #274430
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.