540 Niagara StUticaNY13501
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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 Utica at 540 Niagara St, Utica, NY, 13501 priced at $149,900 converts $1,651/mo rent into $650/mo cash flow after a $734/mo obligation. Total monthly income equals $1,651/mo, and annual cash flow totals $7,796/yr on $49,692 invested. Return on cash invested prints 35.6% in year one, and rental yield reads 13.22% against a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation compiles into $41,415 by year five. Five-year ROI reaches 187.66% and total cumulative return in cash sums $93,251. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,651/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in 1940
2,086 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13501, Utica, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,745 (100%) |
| Owner Occupied HU | 6,876 (38.7%) |
| Renter Occupied HU | 8,830 (49.8%) |
| Vacant Housing Units | 2,039 (11.5%) |
| Median Home Value | $170,954 |
| Average Home Value | $241,228 |
Housing Distribution
Address Breakdown
Residential
14,993
Single Family
12,970
Multi-Family
2,023
Businesses
995
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