1 Edwards CtOleanNY14760
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Nearby investment properties with comparable prices
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
Rental property for sale in Olean at 1 Edwards Ct, Olean, NY, 14760 priced at $850,000 pairs $1,032/mo rent with after a $4,160/mo payment. Total monthly income equals $1,032/mo. Return on cash invested is 0.13% in year one, and rental yield stands at 1.46% on a $850,000 basis. Equity gained on principal adds $5,485/yr, and 5% annual appreciation accumulates to $234,839 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $1,032/mo property income against a $4,160/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1915
832.00 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14760, Olean, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,296 (100%) |
| Owner Occupied HU | 4,817 (51.8%) |
| Renter Occupied HU | 3,298 (35.5%) |
| Vacant Housing Units | 1,181 (12.7%) |
| Median Home Value | $121,239 |
| Average Home Value | $185,667 |
Housing Distribution
Address Breakdown
Residential
8,257
Single Family
7,626
Multi-Family
631
Businesses
869
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