6619 Hardys RdGainesvilleNY14066
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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
Total monthly income runs $1,832/mo, and a $1,463/mo payment. Purchase price stands at $299,000, and rental yield measures 7.35% with $1,832/mo rent. Return on cash invested shows 17.92% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 92.81% and total cumulative return in cash records $91,990. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,832/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 1900
4.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14066, Gainesville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 678 (100%) |
| Owner Occupied HU | 495 (73.0%) |
| Renter Occupied HU | 96 (14.2%) |
| Vacant Housing Units | 87 (12.8%) |
| Median Home Value | $164,258 |
| Average Home Value | $208,000 |
Housing Distribution
Address Breakdown
Residential
345
Single Family
345
Multi-Family
0
Businesses
20
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Listed by: Deborah Gillen • Howard Hanna
Mls Name: NYSAMLSs
Mls ID: #R1657424