402 Van Ostrand RdGrotonNY13073
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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 Groton at 402 Van Ostrand Rd, Groton, NY, 13073 listed at $308,000 pairs $1,554/mo rent with a $1,508/mo payment. Total monthly income runs $1,554/mo. Return on cash invested measures 13.99% in year one, and rental yield registers 6.05% at a $308,000 basis. Equity gained on principal adds $1,987/yr, and annual property appreciation at 5% supports $85,095 by year five. Five-year ROI tracks 71.77% and total cumulative return in cash totals $73,276. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,554/mo property income relative to a $1,508/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1958
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13073, Groton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,689 (100%) |
| Owner Occupied HU | 1,877 (69.8%) |
| Renter Occupied HU | 640 (23.8%) |
| Vacant Housing Units | 172 ( 6.4%) |
| Median Home Value | $173,950 |
| Average Home Value | $241,618 |
Housing Distribution
Address Breakdown
Residential
2,614
Single Family
2,526
Multi-Family
88
Businesses
102
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Listed by: Rio Lange • Keller Williams Realty
Mls Name: ITMLS
Mls Provider:
Mls ID: #R1571396
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.