9778 Fancher HtsHoughtonNY14744
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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 Houghton at 9778 Fancher Hts, Houghton, NY, 14744 uses $70,377 cash to close to unlock $7,193/yr annual cash flow and $599/mo monthly cash flow. Total monthly income runs $2,017/mo, and a $1,039/mo payment keeps the spread at $599/mo. Purchase price stands at $212,300, and rental yield measures 11.4% with $2,017/mo rent. Return on cash invested shows 30.13% in year one, and 5% annual appreciation builds toward $58,655 over five years. Five-year ROI reaches 158.34% and total cumulative return in cash records $111,438. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,017/mo property income covering a $1,039/mo payment rather than investor’s personal income.
Single Family
Built in 1970
1.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14744, Houghton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 530 (100%) |
| Owner Occupied HU | 314 (59.2%) |
| Renter Occupied HU | 107 (20.2%) |
| Vacant Housing Units | 109 (20.6%) |
| Median Home Value | $145,349 |
| Average Home Value | $172,349 |
Housing Distribution
Address Breakdown
Residential
438
Single Family
438
Multi-Family
0
Businesses
36
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