5700 Harness Hook LnChittenangoNY13037
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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
Investment property for sale in Chittenango at 5700 Harness Hook Ln, Chittenango, NY, 13037 uses $172,396 cash to close to unlock $3,054/yr annual cash flow and $255/mo monthly cash flow. Total monthly income runs $3,754/mo, and a $2,565/mo payment keeps the spread at $255/mo. Purchase price stands at $524,000, and rental yield measures 8.6% with $3,754/mo rent. Return on cash invested shows 21.83% in year one, and 5% annual appreciation builds toward $144,772 over five years. Five-year ROI reaches 113.77% and total cumulative return in cash records $196,135. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,754/mo property income covering a $2,565/mo payment rather than investor’s personal income.
Single Family
Built in 2018
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13037, Chittenango, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,875 (100%) |
| Owner Occupied HU | 2,832 (73.1%) |
| Renter Occupied HU | 824 (21.3%) |
| Vacant Housing Units | 219 ( 5.7%) |
| Median Home Value | $246,088 |
| Average Home Value | $264,097 |
Housing Distribution
Address Breakdown
Residential
3,813
Single Family
3,430
Multi-Family
383
Businesses
214
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