1 Pratt Ave UNIT 307ChautauquaNY14722
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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 Chautauqua at 1 Pratt Ave UNIT 307, Chautauqua, NY, 14722 offers a 5.04% rental yield on a $270,200 purchase with $1,134/mo rent. 93% in year one. Equity gained on principal adds $1,744/yr while 5% annual appreciation supports $74,651 over five years. Portfolio math shows five-year ROI at 55.4% and total cumulative return in cash at $49,624. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,134/mo property income against a $1,322/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
435 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14722, Chautauqua, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,203 (100%) |
| Owner Occupied HU | 90 ( 7.5%) |
| Renter Occupied HU | 14 ( 1.2%) |
| Vacant Housing Units | 1,099 (91.4%) |
| Median Home Value | $815,574 |
| Average Home Value | $756,111 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
65
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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