3038 S Oakwood DrPainted PostNY14870
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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
Rental property for sale in Painted Post at 3038 S Oakwood Dr, Painted Post, NY, 14870 generates $3,886/mo in rent, after a $3,328/mo payment. Total monthly income is $3,886/mo. Return on cash invested sits at 16.55% in year one, and rental yield is 6.86% on a $679,900 entry. Equity gained on principal adds $4,387/yr, while 5% annual appreciation builds toward $187,844 over five years. Five-year ROI reaches 85.44% and total cumulative return in cash sums $191,117. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,886/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14870, Painted Post, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,532 (100%) |
| Owner Occupied HU | 2,868 (63.3%) |
| Renter Occupied HU | 1,264 (27.9%) |
| Vacant Housing Units | 400 ( 8.8%) |
| Median Home Value | $220,128 |
| Average Home Value | $236,334 |
Housing Distribution
Address Breakdown
Residential
4,467
Single Family
4,204
Multi-Family
263
Businesses
247
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Listed by: Kathryn Bristol • Howard Hanna Horseheads
Mls Name: NYSAMLSs
Mls ID: #R1648548