364 Front StOwegoNY13827
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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 Owego at 364 Front St, Owego, NY, 13827 offers $3,165/mo rent that, after a $2,104/mo payment, leaves $294/mo cash flow. Total monthly income is $3,165/mo, and annual cash flow is $3,532/yr on $142,512 cash. Return on cash invested measures 22.39% in year one, and rental yield stands at 8.83% at a $429,900 entry. Equity gained on principal adds $2,774/yr while 5% annual appreciation compounds into $118,773 by year five. Five-year ROI records 116.79% and total cumulative return in cash reaches $166,435. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,165/mo property income versus a $2,104/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1859
0.71 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
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