10 Elmwood LnPainted PostNY14870
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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 Painted Post at 10 Elmwood Ln, Painted Post, NY, 14870 uses $44,719 cash to close to unlock $1,985/yr annual cash flow and $165/mo monthly cash flow. Total monthly income runs $1,066/mo, and a $660/mo payment keeps the spread at $165/mo. Purchase price stands at $134,900, and rental yield measures 9.48% with $1,066/mo rent. Return on cash invested shows 24.35% in year one, and 5% annual appreciation builds toward $37,270 over five years. Five-year ROI reaches 127.34% and total cumulative return in cash records $56,945. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,066/mo property income covering a $660/mo payment rather than investor’s personal income.
Single Family
Built in 1974
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14870, Painted Post, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,532 (100%) |
| Owner Occupied HU | 2,868 (63.3%) |
| Renter Occupied HU | 1,264 (27.9%) |
| Vacant Housing Units | 400 ( 8.8%) |
| Median Home Value | $220,128 |
| Average Home Value | $236,334 |
Housing Distribution
Address Breakdown
Residential
4,467
Single Family
4,204
Multi-Family
263
Businesses
247
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Listed by: Ronald Roney • Cabins to Castles
Mls Name: NYSAMLSs
Mls ID: #R1630865