6238 Barker RdOriskany FallsNY13425
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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 Oriskany Falls at 6238 Barker Rd, Oriskany Falls, NY, 13425 priced at $244,900 pairs $1,200/mo rent with after a $1,199/mo payment. Total monthly income equals $1,200/mo. Return on cash invested is 13.47% in year one, and rental yield stands at 5.88% on a $244,900 basis. Equity gained on principal adds $1,580/yr, and 5% annual appreciation accumulates to $67,661 by year five. Five-year ROI measures 68.97% and total cumulative return in cash reaches $55,997. For financing, Ziffy Mortgage’s DSCR program evaluates $1,200/mo property income against a $1,199/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1959
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13425, Oriskany Falls, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 921 (100%) |
| Owner Occupied HU | 606 (65.8%) |
| Renter Occupied HU | 234 (25.4%) |
| Vacant Housing Units | 81 ( 8.8%) |
| Median Home Value | $180,645 |
| Average Home Value | $193,379 |
Housing Distribution
Address Breakdown
Residential
700
Single Family
632
Multi-Family
68
Businesses
33
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Listed by: Michael J Miner • Miner Realty & Prop Management
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1555748
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