179 Grubb Hill RdKennedyNY14747
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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 Kennedy at 179 Grubb Hill Rd, Kennedy, NY, 14747 uses $72,897 cash to close to unlock $2,098/yr annual cash flow and $175/mo monthly cash flow. Total monthly income runs $1,643/mo, and a $1,076/mo payment keeps the spread at $175/mo. Purchase price stands at $219,900, and rental yield measures 8.97% with $1,643/mo rent. Return on cash invested shows 22.79% in year one, and 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 118.92% and total cumulative return in cash records $86,692. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,643/mo property income covering a $1,076/mo payment rather than investor’s personal income.
Single Family
Built in 1920
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14747, Kennedy, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,038 (100%) |
| Owner Occupied HU | 732 (70.5%) |
| Renter Occupied HU | 155 (14.9%) |
| Vacant Housing Units | 151 (14.5%) |
| Median Home Value | $112,054 |
| Average Home Value | $155,622 |
Housing Distribution
Address Breakdown
Residential
889
Single Family
889
Multi-Family
0
Businesses
30
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