125 Saint Andrews DrHorseheadsNY14845
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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 Horseheads at 125 Saint Andrews Dr, Horseheads, NY, 14845 priced at $429,000 pairs $3,365/mo rent with $500/mo cash flow after a $2,100/mo payment. Total monthly income equals $3,365/mo, and annual cash flow comes to $5,999/yr on $142,214 invested. Return on cash invested is 24.13% in year one, and rental yield stands at 9.41% on a $429,000 basis. Equity gained on principal adds $2,768/yr, and 5% annual appreciation accumulates to $118,525 by year five. Five-year ROI measures 126.1% and total cumulative return in cash reaches $179,329. For financing, Ziffy Mortgage’s DSCR program evaluates $3,365/mo property income against a $2,100/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2006
0.31 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: Keith C. Gustin • Howard Hanna Elmira
Mls Name: NYSAMLSs
Mls ID: #R1633253