1841 W Danby RdNewfieldNY14867
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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
Rental property for sale in Newfield at 1841 W Danby Rd, Newfield, NY, 14867 priced at $258,000 converts $2,492/mo rent into $769/mo cash flow after a $1,263/mo obligation. Total monthly income equals $2,492/mo, and annual cash flow totals $9,227/yr on $85,527 invested. Return on cash invested prints 30.7% in year one, and rental yield reads 11.59% against a $258,000 entry. Equity gained on principal adds $1,665/yr, while 5% annual appreciation compiles into $71,281 by year five. Five-year ROI reaches 161.33% and total cumulative return in cash sums $137,978. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,492/mo property income covering a $1,263/mo payment, not borrower’s personal income.
Single Family
Built in 1921
2.20 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
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Listed by: Brian DeYoung • Berkshire Hathaway HomeServices Heritage Realty
Mls Name: ITMLS
Mls Provider:
Mls ID: #R1568296
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