117 Crestview LnNewfieldNY14867
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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 Newfield at 117 Crestview Ln, Newfield, NY, 14867 with 5% annual appreciation on a $104,000 basis while $2,454/mo rent supports operations. Total monthly income totals $2,454/mo and a $509/mo payment preserves $1,760/mo for cash returns. Annual cash flow comes to $21,114/yr on $34,476 deployed, and return on cash invested reaches 81.15% in year one. Equity gained on principal adds $671/yr, and five-year appreciation sums $28,733 alongside rental yield of 28.32%. Five-year ROI measures 431.99% and total cumulative return in cash totals $148,932.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,454/mo property income versus a $509/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1966
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14867, Newfield, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,634 (100%) |
| Owner Occupied HU | 1,772 (67.3%) |
| Renter Occupied HU | 672 (25.5%) |
| Vacant Housing Units | 190 ( 7.2%) |
| Median Home Value | $197,170 |
| Average Home Value | $235,769 |
Housing Distribution
Address Breakdown
Residential
2,449
Single Family
2,417
Multi-Family
32
Businesses
80
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Listed by: Brian DeYoung • Berkshire Hathaway HomeServices Heritage Realty
Mls Name: ITMLS
Mls Provider:
Mls ID: #R1520610
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