7823 Marshey RdHarrisvilleNY13648
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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 Harrisville at 7823 Marshey Rd, Harrisville, NY, 13648 uses $46,377 cash to close to unlock $786/yr annual cash flow and $66/mo monthly cash flow. Total monthly income runs $1,000/mo, and a $685/mo payment keeps the spread at $66/mo. Purchase price stands at $139,900, and rental yield measures 8.58% with $1,000/mo rent. Return on cash invested shows 21.6% in year one, and 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 112.64% and total cumulative return in cash records $52,239. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,000/mo property income covering a $685/mo payment rather than investor’s personal income.
Manufactured
Built in 1993
2.50 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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Listed by: Patricia A Calhoun • Howard Hanna-Watertown
Mls Name: NYSAMLSs
Mls ID: #S1641487