7320 E Flats RdEast OttoNY14729
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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 East Otto at 7320 E Flats Rd, East Otto, NY, 14729 listed at $389,000 pairs $0/mo rent with a $1,904/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -4.26% in year one, and rental yield registers 0% at a $389,000 basis. Equity gained on principal adds $2,510/yr, and annual property appreciation at 5% supports $107,474 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $1,904/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
11.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14729, East Otto, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 497 (100%) |
| Owner Occupied HU | 279 (56.1%) |
| Renter Occupied HU | 63 (12.7%) |
| Vacant Housing Units | 155 (31.2%) |
| Median Home Value | $172,104 |
| Average Home Value | $232,921 |
Housing Distribution
Address Breakdown
Residential
374
Single Family
362
Multi-Family
12
Businesses
12
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices