121 S 17th StOleanNY14760
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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 Olean at 121 S 17th St, Olean, NY, 14760 earns $114/mo cash flow from $848/mo rent with a $538/mo payment. Total monthly income totals $848/mo, and annual cash flow totals $1,368/yr on $36,432 capital. ROI tracks 23.66% on current figures, and rental yield reads 9.26% at a $109,900 purchase. Equity gained on principal adds $709/yr, and 5% annual appreciation supports $30,363 over five years. Five-year ROI reaches 123.76% and total cumulative return in cash sums $45,088. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $848/mo property income instead of your personal income.
Single Family
Built in 1950
4,726 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14760, Olean, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,296 (100%) |
| Owner Occupied HU | 4,817 (51.8%) |
| Renter Occupied HU | 3,298 (35.5%) |
| Vacant Housing Units | 1,181 (12.7%) |
| Median Home Value | $121,239 |
| Average Home Value | $185,667 |
Housing Distribution
Address Breakdown
Residential
8,257
Single Family
7,626
Multi-Family
631
Businesses
869
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