258 Higby RdNew HartfordNY13413
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
Rental property for sale in New Hartford at 258 Higby Rd, New Hartford, NY, 13413 priced at $359,900 pairs $2,545/mo rent with $141/mo cash flow after a $1,762/mo payment. Total monthly income equals $2,545/mo, and annual cash flow comes to $1,694/yr on $119,307 invested. Return on cash invested is 21.33% in year one, and rental yield stands at 8.49% on a $359,900 basis. Equity gained on principal adds $2,322/yr, and 5% annual appreciation accumulates to $99,434 by year five. Five-year ROI measures 111.12% and total cumulative return in cash reaches $132,578. For financing, Ziffy Mortgage’s DSCR program evaluates $2,545/mo property income against a $1,762/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1953
1.24 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dana Chirillo • River Hills Properties LLC Barn
Mls Name: NYSAMLSs
Mls ID: #S1624572