105 Prospect StNewarkNY14513
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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
Rental property for sale in Newark at 105 Prospect St, Newark, NY, 14513 priced at $169,900 pairs $1,335/mo rent with $200/mo cash flow after a $832/mo payment. Total monthly income equals $1,335/mo, and annual cash flow comes to $2,400/yr on $56,322 invested. Return on cash invested is 24.17% in year one, and rental yield stands at 9.43% on a $169,900 basis. Equity gained on principal adds $1,096/yr, and 5% annual appreciation accumulates to $46,940 by year five. Five-year ROI measures 126.43% and total cumulative return in cash reaches $71,210. For financing, Ziffy Mortgage’s DSCR program evaluates $1,335/mo property income against a $832/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14513, Newark, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,493 (100%) |
| Owner Occupied HU | 3,616 (55.7%) |
| Renter Occupied HU | 2,231 (34.4%) |
| Vacant Housing Units | 646 ( 9.9%) |
| Median Home Value | $153,950 |
| Average Home Value | $200,226 |
Housing Distribution
Address Breakdown
Residential
5,721
Single Family
5,401
Multi-Family
320
Businesses
421
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