503 Main StOneontaNY13820
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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 Oneonta at 503 Main St, Oneonta, NY, 13820 uses $65,969 cash to close to unlock $2,737/yr annual cash flow and $228/mo monthly cash flow. Total monthly income runs $1,557/mo, and a $974/mo payment keeps the spread at $228/mo. Purchase price stands at $199,000, and rental yield measures 9.39% with $1,557/mo rent. Return on cash invested shows 24.06% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 125.8% and total cumulative return in cash records $82,986. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,557/mo property income covering a $974/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13820, Oneonta, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,072 (100%) |
| Owner Occupied HU | 4,415 (48.7%) |
| Renter Occupied HU | 3,140 (34.6%) |
| Vacant Housing Units | 1,517 (16.7%) |
| Median Home Value | $201,323 |
| Average Home Value | $244,517 |
Housing Distribution
Address Breakdown
Residential
8,152
Single Family
7,623
Multi-Family
529
Businesses
1,010
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