10 Seneca DrDewittvilleNY14728
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 Dewittville at 10 Seneca Dr, Dewittville, NY, 14728 offers $1,927/mo rent that, after a $925/mo payment, leaves $287/mo cash flow. Total monthly income is $1,927/mo, and annual cash flow is $3,443/yr on $62,654 cash. Return on cash invested measures 25.4% in year one, and rental yield stands at 12.23% at a $189,000 entry. Equity gained on principal adds $1,220/yr while 5% annual appreciation compounds into $52,217 by year five. Five-year ROI records 135.54% and total cumulative return in cash reaches $84,922. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,927/mo property income versus a $925/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1973
579.35 sqft lot
$N/A/sqft
$378 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14728, Dewittville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,066 (100%) |
| Owner Occupied HU | 405 (38.0%) |
| Renter Occupied HU | 73 ( 6.8%) |
| Vacant Housing Units | 588 (55.2%) |
| Median Home Value | $180,729 |
| Average Home Value | $247,889 |
Housing Distribution
Address Breakdown
Residential
363
Single Family
363
Multi-Family
0
Businesses
18
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Listed by: Rachel Willow • Howard Hanna Holt - Mayville
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1515364
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