5 Courtly CirOwegoNY13827
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Nearby investment properties with comparable prices
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 Owego at 5 Courtly Cir, Owego, NY, 13827 priced at $249,900 pairs $1,751/mo rent with $82/mo cash flow after a $1,223/mo payment. Total monthly income equals $1,751/mo, and annual cash flow comes to $988/yr on $82,842 invested. Return on cash invested is 21.1% in year one, and rental yield stands at 8.41% on a $249,900 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,043 by year five. Five-year ROI measures 109.9% and total cumulative return in cash reaches $91,046. For financing, Ziffy Mortgage’s DSCR program evaluates $1,751/mo property income against a $1,223/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1962
1.15 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: Bobbi Jo Chase • Century 21 Jackson Real Estate - Athens
Mls Name: Northern Mountains of Pennsylvania MLS
Mls Provider:
Mls ID: #31722734
Disclaimer: Copyright North Central Penn Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.