44 Otsego StreetCanajoharieNY13317
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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 Canajoharie at 44 Otsego Street, Canajoharie, NY, 13317 with 5% annual appreciation on a $125,000 basis while $1,273/mo rent supports operations. Total monthly income totals $1,273/mo and a $612/mo payment preserves $438/mo for cash returns. Annual cash flow comes to $5,257/yr on $41,438 deployed, and return on cash invested reaches 32.6% in year one. Equity gained on principal adds $807/yr, and five-year appreciation sums $34,535 alongside rental yield of 12.22%. Five-year ROI measures 171.65% and total cumulative return in cash totals $71,129.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,273/mo property income versus a $612/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1960
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13317, Canajoharie, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,753 (100%) |
| Owner Occupied HU | 1,072 (61.2%) |
| Renter Occupied HU | 422 (24.1%) |
| Vacant Housing Units | 259 (14.8%) |
| Median Home Value | $141,241 |
| Average Home Value | $206,182 |
Housing Distribution
Address Breakdown
Residential
1,579
Single Family
1,506
Multi-Family
73
Businesses
149
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Listed by: Jonathan Lanahan • RE/MAX Solutions
Mls Name: Global MLS
Mls ID: #202610773