1031 Route 221HarfordNY13784
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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 Harford at 1031 Route 221, Harford, NY, 13784 uses $41,438 cash to close to unlock $1,969/yr annual cash flow and $164/mo monthly cash flow. Total monthly income runs $999/mo, and a $612/mo payment keeps the spread at $164/mo. Purchase price stands at $125,000, and rental yield measures 9.59% with $999/mo rent. Return on cash invested shows 24.66% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 129.08% and total cumulative return in cash records $53,489. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $999/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 1954
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13784, Harford, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 86 (100%) |
| Owner Occupied HU | 63 (73.3%) |
| Renter Occupied HU | 14 (16.3%) |
| Vacant Housing Units | 9 (10.5%) |
| Median Home Value | $129,167 |
| Average Home Value | $256,508 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
10
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