59 Otsego StCanajoharieNY13317
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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 Canajoharie at 59 Otsego St, Canajoharie, NY, 13317 with 5% annual appreciation on a $190,000 basis while $1,512/mo rent supports operations. Total monthly income totals $1,512/mo and a $930/mo payment preserves $243/mo for cash returns. Annual cash flow comes to $2,918/yr on $62,985 deployed, and return on cash invested reaches 24.54% in year one. Equity gained on principal adds $1,226/yr, and five-year appreciation sums $52,494 alongside rental yield of 9.55%. Five-year ROI measures 128.39% and total cumulative return in cash totals $80,868.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,512/mo property income versus a $930/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1860
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13317, Canajoharie, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,753 (100%) |
| Owner Occupied HU | 1,072 (61.2%) |
| Renter Occupied HU | 422 (24.1%) |
| Vacant Housing Units | 259 (14.8%) |
| Median Home Value | $141,241 |
| Average Home Value | $206,182 |
Housing Distribution
Address Breakdown
Residential
1,579
Single Family
1,506
Multi-Family
73
Businesses
149
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Listed by: Michael Fudzinski • WHITETAIL PROPERTIES REAL ESTATE LLC (NY)
Mls Name: NY State MLS
Mls ID: #11624498