51 Brookwood Hills DrHorseheadsNY14845
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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 Horseheads at 51 Brookwood Hills Dr, Horseheads, NY, 14845 generates $3,113/mo in rent and, after a $2,227/mo payment, leaves $75/mo in cash flow. Total monthly income is $3,113/mo, and annual cash flow is $895/yr on $150,833 invested. Return on cash invested sits at 20.5% in year one, and rental yield is 8.21% on a $455,000 entry. Equity gained on principal adds $2,936/yr, while 5% annual appreciation builds toward $125,708 over five years. Five-year ROI reaches 106.67% and total cumulative return in cash sums $160,888. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,113/mo property income rather than buyer’s personal income.
Single Family
Built in 2015
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14845, Horseheads, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,720 (100%) |
| Owner Occupied HU | 6,521 (67.1%) |
| Renter Occupied HU | 2,466 (25.4%) |
| Vacant Housing Units | 733 ( 7.5%) |
| Median Home Value | $194,150 |
| Average Home Value | $250,152 |
Housing Distribution
Address Breakdown
Residential
8,915
Single Family
8,564
Multi-Family
351
Businesses
719
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Listed by: Marcie Beaton • Howard Hanna S Tier Inc
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1618038