82 Stonecroft DrHorseheadsNY14845
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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 Horseheads at 82 Stonecroft Dr, Horseheads, NY, 14845 uses $58,013 cash to close to unlock $15,335/yr annual cash flow and $1,278/mo monthly cash flow. Total monthly income runs $2,447/mo, and a $857/mo payment keeps the spread at $1,278/mo. Purchase price stands at $175,000, and rental yield measures 16.78% with $2,447/mo rent. Return on cash invested shows 46.34% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 245.23% and total cumulative return in cash records $142,267. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,447/mo property income covering a $857/mo payment rather than investor’s personal income.
Single Family
Built in 1975
0.65 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: Christopher F. Scata • Keller Williams Realty Southern Tier & Finger Lakes
Mls Name: NYSAMLSs
Mls ID: #R1657893