1 Richmond AveBataviaNY14020
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
Rental property for sale in Batavia at 1 Richmond Ave, Batavia, NY, 14020 priced at $209,999 pairs $2,519/mo rent with $1,117/mo cash flow after a $1,028/mo payment. Total monthly income equals $2,519/mo, and annual cash flow comes to $13,398/yr on $69,615 invested. Return on cash invested is 39.15% in year one, and rental yield stands at 14.39% on a $209,999 basis. Equity gained on principal adds $1,355/yr, and 5% annual appreciation accumulates to $58,019 by year five. Five-year ROI measures 206.72% and total cumulative return in cash reaches $143,907. For financing, Ziffy Mortgage’s DSCR program evaluates $2,519/mo property income against a $1,028/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1929
4,369 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14020, Batavia, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,699 (100%) |
| Owner Occupied HU | 5,597 (52.3%) |
| Renter Occupied HU | 4,231 (39.5%) |
| Vacant Housing Units | 871 ( 8.1%) |
| Median Home Value | $167,726 |
| Average Home Value | $201,365 |
Housing Distribution
Address Breakdown
Residential
9,752
Single Family
8,847
Multi-Family
905
Businesses
834
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Listed by: Daniel Vaillancourt • WNY Metro Roberts Realty
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #B1576002
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