394 Main 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
Investment property for sale in Owego at 394 Main St, Owego, NY, 13827 at $249,900 posts ROI 24.85% with $341/mo cash flow from $2,010/mo rent. Total monthly income equals $2,010/mo, and annual cash flow records $4,096/yr on $82,842 to close. Return on cash invested measures 24.85% and rental yield reads 9.65% at the current $249,900. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 by year five. Five-year ROI prints 130.04% and total cumulative return in cash totals $107,726.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,010/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1870
0.33 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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Listed by: Jeri M. Sarrge • REALTY SOLUTIONS GROUP
Mls Name: GBMLS
Mls Provider:
Mls ID: #332003
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.