14188 State StHarrisvilleNY13648
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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 Harrisville at 14188 State St, Harrisville, NY, 13648 uses $43,062 cash to close to unlock $2,020/yr annual cash flow and $168/mo monthly cash flow. Total monthly income runs $1,036/mo, and a $636/mo payment keeps the spread at $168/mo. Purchase price stands at $129,900, and rental yield measures 9.57% with $1,036/mo rent. Return on cash invested shows 24.6% in year one, and 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 128.73% and total cumulative return in cash records $55,435. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,036/mo property income covering a $636/mo payment rather than investor’s personal income.
Manufactured
Built in 2003
8,999 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13648, Harrisville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,791 (100%) |
| Owner Occupied HU | 795 (44.4%) |
| Renter Occupied HU | 178 ( 9.9%) |
| Vacant Housing Units | 818 (45.7%) |
| Median Home Value | $170,032 |
| Average Home Value | $213,912 |
Housing Distribution
Address Breakdown
Residential
783
Single Family
765
Multi-Family
18
Businesses
30
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Listed by: Teresa Caprara • North Star Real Estate & Property Management
Mls Name: NYSAMLSs
Mls ID: #S1654390