7787 E Flats RdEast OttoNY14729
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderSteady, low-maintenance, and fundable: 7787 E Flats Rd, East Otto, NY, 14729 in East Otto at $199,000. Rental yield 7.83%. The 7.83% yield and 1.45 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $54,980 by year five, and $1,833/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $73,914.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 6.2% |
| Monthly Cash Flow | $(30) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,298 |
| Total Monthly Debt Service | $1,250 |
| DSCR Ratio | 1.04x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1965
0.51 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
Nearby investment properties with comparable prices
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
Single Family
Built in 1965
0.51 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
Nearby investment properties with comparable prices