176 Horton RdNewfieldNY14867
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 Newfield at 176 Horton Rd, Newfield, NY, 14867 uses $82,875 cash to close to unlock $1,382/yr annual cash flow and $115/mo monthly cash flow. Total monthly income runs $1,785/mo, and a $1,224/mo payment keeps the spread at $115/mo. Purchase price stands at $250,000, and rental yield measures 8.57% with $1,785/mo rent. Return on cash invested shows 21.58% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 112.46% and total cumulative return in cash records $93,202. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,785/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1860
1.21 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices