442 Front 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 442 Front St, Owego, NY, 13827 listed at $339,900 pairs $2,911/mo rent with a $1,664/mo payment to leave $641/mo cash flow. Total monthly income runs $2,911/mo, and annual cash flow reaches $7,690/yr on $112,677 cash to close. Return on cash invested measures 26.73% in year one, and rental yield registers 10.28% at a $339,900 basis. Equity gained on principal adds $2,193/yr, and annual property appreciation at 5% supports $93,908 by year five. Five-year ROI tracks 140.07% and total cumulative return in cash totals $157,823. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,911/mo property income relative to a $1,664/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
0.64 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: Rachel Longo • HOWARD HANNA
Mls Name: GBMLS
Mls Provider:
Mls ID: #330749
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.