233 Scenic DrHorseheadsNY14845
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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 Horseheads at 233 Scenic Dr, Horseheads, NY, 14845 earns $777/mo cash flow from $2,953/mo rent with a $1,595/mo payment. Total monthly income totals $2,953/mo, and annual cash flow totals $9,322/yr on $108,036 capital. ROI tracks 28.54% on current figures, and rental yield reads 10.87% at a $325,900 purchase. Equity gained on principal adds $2,103/yr, and 5% annual appreciation supports $90,040 over five years. Five-year ROI reaches 149.75% and total cumulative return in cash sums $161,779. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,953/mo property income instead of your personal income.
Single Family
Built in 1963
0.49 Acres 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: Nicole L. Dye • Howard Hanna Corning Denison
Mls Name: NYSAMLSs
Mls ID: #R1648273