246 W 5th StOswegoNY13126
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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 Oswego at 246 W 5th St, Oswego, NY, 13126 uses $72,599 cash to close to unlock $929/yr annual cash flow and $77/mo monthly cash flow. Total monthly income runs $1,540/mo, and a $1,072/mo payment keeps the spread at $77/mo. Purchase price stands at $219,000, and rental yield measures 8.44% with $1,540/mo rent. Return on cash invested shows 21.19% in year one, and 5% annual appreciation builds toward $60,506 over five years. Five-year ROI reaches 110.38% and total cumulative return in cash records $80,133. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,540/mo property income covering a $1,072/mo payment rather than investor’s personal income.
Single Family
Built in 1910
2,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13126, Oswego, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,808 (100%) |
| Owner Occupied HU | 8,551 (54.1%) |
| Renter Occupied HU | 5,074 (32.1%) |
| Vacant Housing Units | 2,183 (13.8%) |
| Median Home Value | $163,728 |
| Average Home Value | $188,660 |
Housing Distribution
Address Breakdown
Residential
14,303
Single Family
13,177
Multi-Family
1,126
Businesses
866
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