11 Evalon RdNew HartfordNY13413
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
Rental property for sale in New Hartford at 11 Evalon Rd, New Hartford, NY, 13413 priced at $250,000 converts $2,328/mo rent into $658/mo cash flow after a $1,224/mo obligation. Total monthly income equals $2,328/mo, and annual cash flow totals $7,898/yr on $82,875 invested. Return on cash invested prints 29.44% in year one, and rental yield reads 11.17% against a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,070 by year five. Five-year ROI reaches 154.63% and total cumulative return in cash sums $128,146. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,328/mo property income covering a $1,224/mo payment, not borrower’s personal income.
Single Family
Built in 1950
7,766 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13413, New Hartford, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,382 (100%) |
| Owner Occupied HU | 4,980 (67.5%) |
| Renter Occupied HU | 1,892 (25.6%) |
| Vacant Housing Units | 510 ( 6.9%) |
| Median Home Value | $243,226 |
| Average Home Value | $280,456 |
Housing Distribution
Address Breakdown
Residential
6,789
Single Family
5,738
Multi-Family
1,051
Businesses
897
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Nearby investment properties with comparable prices
Listed by: Pondra Bowen • Pondras Homes & Hearth Realty LLC
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1607384
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