23 Beechwood RdNew HartfordNY13413
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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 New Hartford at 23 Beechwood Rd, New Hartford, NY, 13413 generates $2,040/mo in rent and, after a $1,463/mo payment, leaves $44/mo in cash flow. Total monthly income is $2,040/mo, and annual cash flow is $525/yr on $99,119 invested. Return on cash invested sits at 20.44% in year one, and rental yield is 8.19% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 106.32% and total cumulative return in cash sums $105,382. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,040/mo property income rather than buyer’s personal income.
Single Family
Built in 1954
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13413, New Hartford, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,382 (100%) |
| Owner Occupied HU | 4,980 (67.5%) |
| Renter Occupied HU | 1,892 (25.6%) |
| Vacant Housing Units | 510 ( 6.9%) |
| Median Home Value | $243,226 |
| Average Home Value | $280,456 |
Housing Distribution
Address Breakdown
Residential
6,789
Single Family
5,738
Multi-Family
1,051
Businesses
897
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Listed by: Melissa A. Bushey • Chuck Tucker LLC, - Home - Land & Real Estate Services
Mls Name: NYSAMLSs
Mls ID: #S1634465