47 Janet TerNew 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 47 Janet Ter, New Hartford, NY, 13413 priced at $399,900 pairs $2,683/mo rent with $13/mo cash flow after a $1,957/mo payment. Total monthly income equals $2,683/mo, and annual cash flow comes to $154/yr on $132,567 invested. Return on cash invested is 20.03% in year one, and rental yield stands at 8.05% on a $399,900 basis. Equity gained on principal adds $2,580/yr, and 5% annual appreciation accumulates to $110,485 by year five. Five-year ROI measures 104.1% and total cumulative return in cash reaches $138,008. For financing, Ziffy Mortgage’s DSCR program evaluates $2,683/mo property income against a $1,957/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1965
0.34 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: Lisa A. Kowalczyk • Assist2Sell Buyers & Sellers 1st Choice
Mls Name: NYSAMLSs
Mls ID: #S1652211