272 Main StOwegoNY13827
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
Investment Highlights
Rental property for sale in Owego at 272 Main St, Owego, NY, 13827 priced at $155,000 pairs $2,982/mo rent with $1,947/mo cash flow after a $759/mo payment. Total monthly income equals $2,982/mo, and annual cash flow comes to $23,359/yr on $51,383 invested. Return on cash invested is 65.37% in year one, and rental yield stands at 23.09% on a $155,000 basis. Equity gained on principal adds $1,000/yr, and 5% annual appreciation accumulates to $42,824 by year five. Five-year ROI measures 347.29% and total cumulative return in cash reaches $178,444. For financing, Ziffy Mortgage’s DSCR program evaluates $2,982/mo property income against a $759/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1883
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13827, Owego, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,360 (100%) |
| Owner Occupied HU | 3,381 (63.1%) |
| Renter Occupied HU | 1,480 (27.6%) |
| Vacant Housing Units | 499 ( 9.3%) |
| Median Home Value | $172,375 |
| Average Home Value | $188,393 |
Housing Distribution
Address Breakdown
Residential
4,983
Single Family
4,745
Multi-Family
238
Businesses
455
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeri M. Sarrge • REALTY SOLUTIONS GROUP
Mls Name: GBMLS
Mls Provider:
Mls ID: #331007
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.