8116 Harpers Ferry RdSpringwaterNY14560
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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 Springwater at 8116 Harpers Ferry Rd, Springwater, NY, 14560 earns $72/mo cash flow from $1,742/mo rent with a $1,224/mo payment. Total monthly income totals $1,742/mo, and annual cash flow totals $866/yr on $82,875 capital. ROI tracks 20.95% on current figures, and rental yield reads 8.36% at a $250,000 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 over five years. Five-year ROI reaches 109.13% and total cumulative return in cash sums $90,442. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,742/mo property income instead of your personal income.
Single Family
Built in 1970
3.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14560, Springwater, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,133 (100%) |
| Owner Occupied HU | 797 (70.3%) |
| Renter Occupied HU | 130 (11.5%) |
| Vacant Housing Units | 206 (18.2%) |
| Median Home Value | $201,278 |
| Average Home Value | $231,010 |
Housing Distribution
Address Breakdown
Residential
880
Single Family
880
Multi-Family
0
Businesses
29
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Listed by: Andrea Hertzel • Howard Hanna
Mls Name: NYSAMLSs
Mls ID: #R1635720