535 Middle RdHorseheadsNY14845
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 Horseheads at 535 Middle Rd, Horseheads, NY, 14845 priced at $129,000 pairs $1,494/mo rent with $633/mo cash flow after a $631/mo payment. Total monthly income equals $1,494/mo, and annual cash flow comes to $7,595/yr on $42,764 invested. Return on cash invested is 37.67% in year one, and rental yield stands at 13.9% on a $129,000 basis. Equity gained on principal adds $832/yr, and 5% annual appreciation accumulates to $35,640 by year five. Five-year ROI measures 198.68% and total cumulative return in cash reaches $84,961. For financing, Ziffy Mortgage’s DSCR program evaluates $1,494/mo property income against a $631/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.43 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sarah Bowie • Howard Hanna Elmira
Mls Name: ECMLS
Mls Provider:
Mls ID: #276538
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.