651 Sing Sing RdHorseheadsNY14845
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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 Horseheads at 651 Sing Sing Rd, Horseheads, NY, 14845 uses $82,974 cash to close to unlock $17,840/yr annual cash flow and $1,487/mo monthly cash flow. Total monthly income runs $3,158/mo, and a $1,225/mo payment keeps the spread at $1,487/mo. Purchase price stands at $250,300, and rental yield measures 15.14% with $3,158/mo rent. Return on cash invested shows 41.41% in year one, and 5% annual appreciation builds toward $69,153 over five years. Five-year ROI reaches 218.8% and total cumulative return in cash records $181,544. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,158/mo property income covering a $1,225/mo payment rather than investor’s personal income.
Single Family
Built in 1900
2.55 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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