201 Meadowlark RdHorseheadsNY14845
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 Horseheads at 201 Meadowlark Rd, Horseheads, NY, 14845 at $314,900 posts ROI 21.8% with $164/mo cash flow from $2,267/mo rent. Total monthly income equals $2,267/mo, and annual cash flow records $1,973/yr on $104,389 to close. Return on cash invested measures 21.8% and rental yield reads 8.64% at the current $314,900. Equity gained on principal adds $2,032/yr, and 5% annual appreciation supports $87,001 by year five. Five-year ROI prints 113.62% and total cumulative return in cash totals $118,606.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,267/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1965
9,374 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14845, Horseheads, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,720 (100%) |
| Owner Occupied HU | 6,521 (67.1%) |
| Renter Occupied HU | 2,466 (25.4%) |
| Vacant Housing Units | 733 ( 7.5%) |
| Median Home Value | $194,150 |
| Average Home Value | $250,152 |
Housing Distribution
Address Breakdown
Residential
8,915
Single Family
8,564
Multi-Family
351
Businesses
719
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Listed by: Sue Larson • Howard Hanna Elmira
Mls Name: NYSAMLSs
Mls ID: #R1657269