31 Meadowbrook DrNew 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 31 Meadowbrook Dr, New Hartford, NY, 13413 offers $2,443/mo rent that, after a $1,953/mo payment. Total monthly income is $2,443/mo. Return on cash invested measures 17.9% in year one, and rental yield stands at 7.35% at a $399,000 entry. Equity gained on principal adds $2,575/yr while 5% annual appreciation compounds into $110,236 by year five. Five-year ROI records 92.72% and total cumulative return in cash reaches $122,642. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,443/mo property income versus a $1,953/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
0.32 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: Paul F. Sacco • Howard Hanna Cny Inc
Mls Name: NYSAMLSs
Mls ID: #S1657044