286 Otsego StIlionNY13357
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
Investment property for sale in Ilion at 286 Otsego St, Ilion, NY, 13357 at $112,000 posts ROI 82.26% with $1,929/mo cash flow from $2,677/mo rent. Total monthly income equals $2,677/mo, and annual cash flow records $23,151/yr on $37,128 to close. Return on cash invested measures 82.26% and rental yield reads 28.68% at the current $112,000. Equity gained on principal adds $723/yr, and 5% annual appreciation supports $30,944 by year five. Five-year ROI prints 437.99% and total cumulative return in cash totals $162,615.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,677/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
3,432 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13357, Ilion, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,805 (100%) |
| Owner Occupied HU | 2,921 (60.8%) |
| Renter Occupied HU | 1,440 (30.0%) |
| Vacant Housing Units | 444 ( 9.2%) |
| Median Home Value | $120,659 |
| Average Home Value | $156,291 |
Housing Distribution
Address Breakdown
Residential
4,465
Single Family
4,180
Multi-Family
285
Businesses
183
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices