505 Keyes RdUticaNY13502
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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 Utica at 505 Keyes Rd, Utica, NY, 13502 offers a 13.99% rental yield on a $189,900 purchase with $2,214/mo rent. Total monthly income registers $2,214/mo, and a $929/mo payment leaves $946/mo available for distribution. Annual cash flow reaches $11,356/yr on $62,952 to close, and return on cash invested stands at 37.95% in year one. Equity gained on principal adds $1,225/yr while 5% annual appreciation supports $52,466 over five years. Portfolio math shows five-year ROI at 200.28% and total cumulative return in cash at $126,077. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,214/mo property income against a $929/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
8,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13502, Utica, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,550 (100%) |
| Owner Occupied HU | 7,571 (48.7%) |
| Renter Occupied HU | 6,211 (39.9%) |
| Vacant Housing Units | 1,768 (11.4%) |
| Median Home Value | $164,440 |
| Average Home Value | $209,266 |
Housing Distribution
Address Breakdown
Residential
14,327
Single Family
13,277
Multi-Family
1,050
Businesses
1,009
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Listed by: Andrew Derminio • River Hills Properties LLC Ut
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1600248
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