94 Talcott StOwegoNY13827
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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 Owego at 94 Talcott St, Owego, NY, 13827 uses $44,719 cash to close to unlock $2,873/yr annual cash flow and $239/mo monthly cash flow. Total monthly income runs $1,140/mo, and a $660/mo payment keeps the spread at $239/mo. Purchase price stands at $134,900, and rental yield measures 10.14% with $1,140/mo rent. Return on cash invested shows 26.33% in year one, and 5% annual appreciation builds toward $37,270 over five years. Five-year ROI reaches 137.99% and total cumulative return in cash records $61,709. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,140/mo property income covering a $660/mo payment rather than investor’s personal income.
Single Family
Built in 1900
4,290 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13827, Owego, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,360 (100%) |
| Owner Occupied HU | 3,381 (63.1%) |
| Renter Occupied HU | 1,480 (27.6%) |
| Vacant Housing Units | 499 ( 9.3%) |
| Median Home Value | $172,375 |
| Average Home Value | $188,393 |
Housing Distribution
Address Breakdown
Residential
4,983
Single Family
4,745
Multi-Family
238
Businesses
455
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