296 Vanbuskirk 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
Investment property for sale in Newfield at 296 Vanbuskirk Rd, Newfield, NY, 14867 offers a 8.61% rental yield on a $219,000 purchase with $1,571/mo rent. Total monthly income registers $1,571/mo, and a $1,072/mo payment leaves $108/mo available for distribution. Annual cash flow reaches $1,301/yr on $72,599 to close, and return on cash invested stands at 21.7% in year one. Equity gained on principal adds $1,413/yr while 5% annual appreciation supports $60,506 over five years. Portfolio math shows five-year ROI at 113.14% and total cumulative return in cash at $82,137. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,571/mo property income against a $1,072/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1988
2.13 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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