98 Old Sullivanville RdHorseheadsNY14845
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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 98 Old Sullivanville Rd, Horseheads, NY, 14845 with 5% annual appreciation on a $105,500 basis while $832/mo rent supports operations. Total monthly income totals $832/mo and a $516/mo payment preserves $128/mo for cash returns. Annual cash flow comes to $1,534/yr on $34,973 deployed, and return on cash invested reaches 24.3% in year one. Equity gained on principal adds $681/yr, and five-year appreciation sums $29,148 alongside rental yield of 9.46%. Five-year ROI measures 127% and total cumulative return in cash totals $44,415.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $832/mo property income versus a $516/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
1.04 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: Lena Munn • Warren Real Estate
Mls Name: ECMLS
Mls Provider:
Mls ID: #278040
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.