509 Van Ostrand RdGrotonNY13073
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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 Groton at 509 Van Ostrand Rd, Groton, NY, 13073 earns $91/mo cash flow from $1,554/mo rent with a $1,072/mo payment. Total monthly income totals $1,554/mo, and annual cash flow totals $1,097/yr on $72,599 capital. ROI tracks 21.42% on current figures, and rental yield reads 8.52% at a $219,000 purchase. Equity gained on principal adds $1,413/yr, and 5% annual appreciation supports $60,506 over five years. Five-year ROI reaches 111.62% and total cumulative return in cash sums $81,033. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,554/mo property income instead of your personal income.
Single Family
Built in 1952
1.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13073, Groton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,689 (100%) |
| Owner Occupied HU | 1,877 (69.8%) |
| Renter Occupied HU | 640 (23.8%) |
| Vacant Housing Units | 172 ( 6.4%) |
| Median Home Value | $173,950 |
| Average Home Value | $241,618 |
Housing Distribution
Address Breakdown
Residential
2,614
Single Family
2,526
Multi-Family
88
Businesses
102
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