2241 County Road 7OdessaNY14869
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 2241 County Road 7, Odessa, NY, 14869 in Odessa is narrow, $43/mo net on $2,377/mo rent after the $1,572/mo debt service, but the property operates at break-even-plus, not a loss. At $349,500 with a 8.16% yield, the long-run equity case via 5% appreciation ($96,560 over five years) and $3,219/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.51 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $136,019.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.2% |
| Monthly Cash Flow | $43 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,377 |
| Total Monthly Debt Service | $2,195 |
| DSCR Ratio | 1.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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.