7761 Alpine RdHarrisvilleNY13648
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 Harrisville at 7761 Alpine Rd, Harrisville, NY, 13648 offers a 10.84% rental yield on a $219,900 purchase with $1,986/mo rent. Total monthly income registers $1,986/mo, and a $1,076/mo payment leaves $518/mo available for distribution. Annual cash flow reaches $6,214/yr on $72,897 to close, and return on cash invested stands at 28.43% in year one. Equity gained on principal adds $1,419/yr while 5% annual appreciation supports $60,754 over five years. Portfolio math shows five-year ROI at 149.2% and total cumulative return in cash at $108,760. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,986/mo property income against a $1,076/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
26.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13648, Harrisville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,791 (100%) |
| Owner Occupied HU | 795 (44.4%) |
| Renter Occupied HU | 178 ( 9.9%) |
| Vacant Housing Units | 818 (45.7%) |
| Median Home Value | $170,032 |
| Average Home Value | $213,912 |
Housing Distribution
Address Breakdown
Residential
783
Single Family
765
Multi-Family
18
Businesses
30
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Nearby investment properties with comparable prices
Listed by: Ethan Reynolds • NY OUTDOOR REALTY LLC
Mls Name: NY State MLS
Mls ID: #11597770