115 Ford StNewarkNY14513
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 Newark at 115 Ford St, Newark, NY, 14513 at $114,900 posts ROI 23.72% with $121/mo cash flow from $888/mo rent. Total monthly income equals $888/mo, and annual cash flow records $1,453/yr on $38,089 to close. Return on cash invested measures 23.72% and rental yield reads 9.27% at the current $114,900. Equity gained on principal adds $741/yr, and 5% annual appreciation supports $31,745 by year five. Five-year ROI prints 124.07% and total cumulative return in cash totals $47,258.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $888/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
8,712 sqft 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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