538 Seneca StOneidaNY13421
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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
Rental property for sale in Oneida at 538 Seneca St, Oneida, NY, 13421 offers $1,868/mo rent that, after a $853/mo payment, leaves $704/mo cash flow. Total monthly income is $1,868/mo, and annual cash flow is $8,450/yr on $57,780 cash. Return on cash invested measures 34.53% in year one, and rental yield stands at 12.86% at a $174,300 entry. Equity gained on principal adds $1,125/yr while 5% annual appreciation compounds into $48,156 by year five. Five-year ROI records 181.98% and total cumulative return in cash reaches $105,147. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,868/mo property income versus a $853/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13421, Oneida, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,145 (100%) |
| Owner Occupied HU | 3,407 (55.4%) |
| Renter Occupied HU | 2,160 (35.2%) |
| Vacant Housing Units | 578 ( 9.4%) |
| Median Home Value | $191,504 |
| Average Home Value | $268,352 |
Housing Distribution
Address Breakdown
Residential
5,713
Single Family
5,287
Multi-Family
426
Businesses
491
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