419 Pump Hill RdNewark ValleyNY13811
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 Newark Valley at 419 Pump Hill Rd, Newark Valley, NY, 13811 generates $2,086/mo in rent and, after a $861/mo payment, leaves $911/mo in cash flow. Total monthly income is $2,086/mo, and annual cash flow is $10,934/yr on $58,344 invested. Return on cash invested sits at 38.65% in year one, and rental yield is 14.22% on a $176,000 entry. Equity gained on principal adds $1,136/yr, while 5% annual appreciation builds toward $48,626 over five years. Five-year ROI reaches 204.07% and total cumulative return in cash sums $119,061. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,086/mo property income rather than buyer’s personal income.
Single Family
Built in 2018
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13811, Newark Valley, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,693 (100%) |
| Owner Occupied HU | 1,242 (73.4%) |
| Renter Occupied HU | 302 (17.8%) |
| Vacant Housing Units | 149 ( 8.8%) |
| Median Home Value | $162,868 |
| Average Home Value | $193,257 |
Housing Distribution
Address Breakdown
Residential
1,695
Single Family
1,658
Multi-Family
37
Businesses
60
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ashley Macdonald • HOWARD HANNA
Mls Name: GBMLS
Mls Provider:
Mls ID: #331625
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.