1 Mountainview UpperEllicottvilleNY14731
Nearby investment properties with comparable rents
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
Investment property for sale in Ellicottville at 1 Mountainview Upper, Ellicottville, NY, 14731 at $495,000 posts ROI 12.58% with from $2,303/mo rent. Total monthly income equals $2,303/mo. Return on cash invested measures 12.58% and rental yield reads 5.58% at the current $495,000. Equity gained on principal adds $3,194/yr, and 5% annual appreciation supports $136,759 by year five. Five-year ROI prints 64.18% and total cumulative return in cash totals $105,310. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,303/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2005
1,167 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14731, Ellicottville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,479 (100%) |
| Owner Occupied HU | 481 (19.4%) |
| Renter Occupied HU | 153 ( 6.2%) |
| Vacant Housing Units | 1,845 (74.4%) |
| Median Home Value | $298,684 |
| Average Home Value | $336,845 |
Housing Distribution
Address Breakdown
Residential
500
Single Family
405
Multi-Family
95
Businesses
163
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Nearby investment properties with comparable prices
Listed by: David A Blanchard • Keller Williams Realty Lancaster
Mls Name: NYSAMLSs
Mls ID: #B1655486