74 Pine CirHorseheadsNY14845
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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
Rental property for sale in Horseheads at 74 Pine Cir, Horseheads, NY, 14845 offers $2,864/mo rent that, after a $1,219/mo payment, leaves $1,201/mo cash flow. Total monthly income is $2,864/mo, and annual cash flow is $14,411/yr on $82,544 cash. Return on cash invested measures 37.37% in year one, and rental yield stands at 13.8% at a $249,000 entry. Equity gained on principal adds $1,607/yr while 5% annual appreciation compounds into $68,794 by year five. Five-year ROI records 197.1% and total cumulative return in cash reaches $162,692. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,864/mo property income versus a $1,219/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
0.51 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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Listed by: Tracie Simons • Knolles Real Estate, LLC
Mls Name: Northern Mountains of Pennsylvania MLS
Mls Provider:
Mls ID: #31722664
Disclaimer: Copyright North Central Penn Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.