440 Lower Green StOtegoNY13825
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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 Otego at 440 Lower Green St, Otego, NY, 13825 priced at $599,000 pairs $3,000/mo rent with after a $2,932/mo payment. Total monthly income equals $3,000/mo. Return on cash invested is 13.97% in year one, and rental yield stands at 6.01% on a $599,000 basis. Equity gained on principal adds $3,865/yr, and 5% annual appreciation accumulates to $165,493 by year five. Five-year ROI measures 71.61% and total cumulative return in cash reaches $141,118. For financing, Ziffy Mortgage’s DSCR program evaluates $3,000/mo property income against a $2,932/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1995
31.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13825, Otego, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,666 (100%) |
| Owner Occupied HU | 1,112 (66.7%) |
| Renter Occupied HU | 264 (15.8%) |
| Vacant Housing Units | 290 (17.4%) |
| Median Home Value | $210,900 |
| Average Home Value | $231,174 |
Housing Distribution
Address Breakdown
Residential
1,257
Single Family
1,257
Multi-Family
0
Businesses
54
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