2931 SE On Owasco RdMoraviaNY13118
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 Moravia at 2931 SE On Owasco Rd, Moravia, NY, 13118 uses $71,273 cash to close to unlock $1,135/yr annual cash flow and $95/mo monthly cash flow. Total monthly income runs $1,530/mo, and a $1,052/mo payment keeps the spread at $95/mo. Purchase price stands at $215,000, and rental yield measures 8.54% with $1,530/mo rent. Return on cash invested shows 21.5% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 112.05% and total cumulative return in cash records $79,861. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,530/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Single Family
Built in 1930
3,319 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13118, Moravia, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,793 (100%) |
| Owner Occupied HU | 1,729 (61.9%) |
| Renter Occupied HU | 417 (14.9%) |
| Vacant Housing Units | 647 (23.2%) |
| Median Home Value | $261,607 |
| Average Home Value | $329,974 |
Housing Distribution
Address Breakdown
Residential
2,025
Single Family
1,980
Multi-Family
45
Businesses
118
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices