108 Bowman Hill TerHorseheadsNY14845
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
Investment Highlights
Investment property for sale in Horseheads at 108 Bowman Hill Ter, Horseheads, NY, 14845 at $189,000 posts ROI 27.34% with $388/mo cash flow from $1,650/mo rent. Total monthly income equals $1,650/mo, and annual cash flow records $4,655/yr on $62,654 to close. Return on cash invested measures 27.34% and rental yield reads 10.48% at the current $189,000. Equity gained on principal adds $1,220/yr, and 5% annual appreciation supports $52,217 by year five. Five-year ROI prints 143.32% and total cumulative return in cash totals $89,794.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,650/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14845, Horseheads, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,720 (100%) |
| Owner Occupied HU | 6,521 (67.1%) |
| Renter Occupied HU | 2,466 (25.4%) |
| Vacant Housing Units | 733 ( 7.5%) |
| Median Home Value | $194,150 |
| Average Home Value | $250,152 |
Housing Distribution
Address Breakdown
Residential
8,915
Single Family
8,564
Multi-Family
351
Businesses
719
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Listed by: John Peckham • Signature Properties Corning
Mls Name: NYSAMLSs
Mls ID: #R1633659