4 Watson PlUticaNY13502
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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 Utica at 4 Watson Pl, Utica, NY, 13502 offers $1,493/mo rent that, after a $930/mo payment, leaves $224/mo cash flow. Total monthly income is $1,493/mo, and annual cash flow is $2,690/yr on $62,985 cash. Return on cash invested measures 24.18% in year one, and rental yield stands at 9.43% at a $190,000 entry. Equity gained on principal adds $1,226/yr while 5% annual appreciation compounds into $52,494 by year five. Five-year ROI records 126.43% and total cumulative return in cash reaches $79,632. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,493/mo property income versus a $930/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1890
4,639 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13502, Utica, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,550 (100%) |
| Owner Occupied HU | 7,571 (48.7%) |
| Renter Occupied HU | 6,211 (39.9%) |
| Vacant Housing Units | 1,768 (11.4%) |
| Median Home Value | $164,440 |
| Average Home Value | $209,266 |
Housing Distribution
Address Breakdown
Residential
14,327
Single Family
13,277
Multi-Family
1,050
Businesses
1,009
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