0 Carroll St Lot 16FrewsburgNY14738
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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 Frewsburg at 0 Carroll St Lot 16, Frewsburg, NY, 14738 offers a 11.19% rental yield on a $284,500 purchase with $2,653/mo rent. Total monthly income registers $2,653/mo, and a $1,392/mo payment leaves $754/mo available for distribution. Annual cash flow reaches $9,044/yr on $94,312 to close, and return on cash invested stands at 29.5% in year one. Equity gained on principal adds $1,836/yr while 5% annual appreciation supports $78,602 over five years. Portfolio math shows five-year ROI at 154.9% and total cumulative return in cash at $146,093. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,653/mo property income against a $1,392/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14738, Frewsburg, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,855 (100%) |
| Owner Occupied HU | 1,259 (67.9%) |
| Renter Occupied HU | 291 (15.7%) |
| Vacant Housing Units | 305 (16.4%) |
| Median Home Value | $197,243 |
| Average Home Value | $288,050 |
Housing Distribution
Address Breakdown
Residential
1,252
Single Family
1,196
Multi-Family
56
Businesses
97
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