3874 State Highway 23OneontaNY13820
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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 Oneonta at 3874 State Highway 23, Oneonta, NY, 13820 generates $1,053/mo in rent and, after a $673/mo payment, leaves $135/mo in cash flow. Total monthly income is $1,053/mo, and annual cash flow is $1,617/yr on $45,581 invested. Return on cash invested sits at 23.46% in year one, and rental yield is 9.19% on a $137,500 entry. Equity gained on principal adds $887/yr, while 5% annual appreciation builds toward $37,989 over five years. Five-year ROI reaches 122.51% and total cumulative return in cash sums $55,841. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,053/mo property income rather than buyer’s personal income.
Manufactured
Built in 1995
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13820, Oneonta, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,072 (100%) |
| Owner Occupied HU | 4,415 (48.7%) |
| Renter Occupied HU | 3,140 (34.6%) |
| Vacant Housing Units | 1,517 (16.7%) |
| Median Home Value | $201,323 |
| Average Home Value | $244,517 |
Housing Distribution
Address Breakdown
Residential
8,152
Single Family
7,623
Multi-Family
529
Businesses
1,010
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