88 Grove StCooperstownNY13326
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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 Cooperstown at 88 Grove St, Cooperstown, NY, 13326 listed at $269,000 pairs $1,892/mo rent with a $1,317/mo payment to leave $95/mo cash flow. Total monthly income runs $1,892/mo, and annual cash flow reaches $1,143/yr on $89,174 cash to close. Return on cash invested measures 21.19% in year one, and rental yield registers 8.44% at a $269,000 basis. Equity gained on principal adds $1,736/yr, and annual property appreciation at 5% supports $74,320 by year five. Five-year ROI tracks 110.4% and total cumulative return in cash totals $98,447. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,892/mo property income relative to a $1,317/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1880
0.41 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: Anna Snyder • Stack-Page Properties
Mls Name: NY State MLS
Mls ID: #11524235