7 Benjamin Hill HtsNewfieldNY14867
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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 Newfield at 7 Benjamin Hill Hts, Newfield, NY, 14867 uses $39,449 cash to close to unlock $1,281/yr annual cash flow and $107/mo monthly cash flow. Total monthly income runs $906/mo, and a $582/mo payment keeps the spread at $107/mo. Purchase price stands at $119,000, and rental yield measures 9.14% with $906/mo rent. Return on cash invested shows 23.16% in year one, and 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 120.99% and total cumulative return in cash records $47,729. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $906/mo property income covering a $582/mo payment rather than investor’s personal income.
Single Family
Built in 1990
N/A lot
$N/A/sqft
$5 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14867, Newfield, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,634 (100%) |
| Owner Occupied HU | 1,772 (67.3%) |
| Renter Occupied HU | 672 (25.5%) |
| Vacant Housing Units | 190 ( 7.2%) |
| Median Home Value | $197,170 |
| Average Home Value | $235,769 |
Housing Distribution
Address Breakdown
Residential
2,449
Single Family
2,417
Multi-Family
32
Businesses
80
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