14 Hillside AveNew HartfordNY13413
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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 New Hartford at 14 Hillside Ave, New Hartford, NY, 13413 offers a 8.15% rental yield on a $349,900 purchase with $2,376/mo rent. Total monthly income registers $2,376/mo, and a $1,713/mo payment leaves $39/mo available for distribution. Annual cash flow reaches $468/yr on $115,992 to close, and return on cash invested stands at 20.31% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,671 over five years. Portfolio math shows five-year ROI at 105.69% and total cumulative return in cash at $122,586. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,376/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1902
0.34 Acres 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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Listed by: Pauline R. Nicotera • Coldwell Banker Faith Properties
Mls Name: NYSAMLSs
Mls ID: #S1634140