606 W Broad StHorseheadsNY14845
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
Investment property for sale in Horseheads at 606 W Broad St, Horseheads, NY, 14845 at $419,000 posts ROI 29.52% with $1,113/mo cash flow from $3,911/mo rent. Total monthly income equals $3,911/mo, and annual cash flow records $13,353/yr on $138,899 to close. Return on cash invested measures 29.52% and rental yield reads 11.2% at the current $419,000. Equity gained on principal adds $2,704/yr, and 5% annual appreciation supports $115,762 by year five. Five-year ROI prints 155.04% and total cumulative return in cash totals $215,345.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,911/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
1.20 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: Keith C. Gustin • Howard Hanna Elmira
Mls Name: NYSAMLSs
Mls ID: #R1631983