578 Greenough RdCooperstownNY13326
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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 Cooperstown at 578 Greenough Rd, Cooperstown, NY, 13326 priced at $425,000 pairs $2,594/mo rent with after a $2,080/mo payment. Total monthly income equals $2,594/mo. Return on cash invested is 17.83% in year one, and rental yield stands at 7.32% on a $425,000 basis. Equity gained on principal adds $2,742/yr, and 5% annual appreciation accumulates to $117,420 by year five. Five-year ROI measures 92.37% and total cumulative return in cash reaches $130,145. For financing, Ziffy Mortgage’s DSCR program evaluates $2,594/mo property income against a $2,080/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1850
0.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13326, Cooperstown, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,325 (100%) |
| Owner Occupied HU | 1,672 (50.3%) |
| Renter Occupied HU | 706 (21.2%) |
| Vacant Housing Units | 947 (28.5%) |
| Median Home Value | $371,429 |
| Average Home Value | $477,196 |
Housing Distribution
Address Breakdown
Residential
2,409
Single Family
2,330
Multi-Family
79
Businesses
374
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Listed by: Nancy Angerer • LAMB REALTY
Mls Name: NY State MLS
Mls ID: #11534512