8 River RoadNewton FallsNY13666
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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 Newton Falls at 8 River Road, Newton Falls, NY, 13666 uses $82,875 cash to close to unlock $1,514/yr annual cash flow and $126/mo monthly cash flow. Total monthly income runs $1,796/mo, and a $1,224/mo payment keeps the spread at $126/mo. Purchase price stands at $250,000, and rental yield measures 8.62% with $1,796/mo rent. Return on cash invested shows 21.74% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 113.33% and total cumulative return in cash records $93,922. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,796/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1960
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13666, Newton Falls, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 135 (100%) |
| Owner Occupied HU | 70 (51.9%) |
| Renter Occupied HU | 14 (10.4%) |
| Vacant Housing Units | 51 (37.8%) |
| Median Home Value | $158,333 |
| Average Home Value | $224,071 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
6
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Listed by: Derek Belmore • eXp Realty
Mls Name: SLCMLS
Mls ID: #50834