14 Stone RdgEllicottvilleNY14731
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
Total monthly income runs $2,400/mo, and a $2,540/mo payment. Purchase price stands at $519,000, and rental yield measures 5.55% with $2,400/mo rent. Return on cash invested shows 12.57% in year one, and 5% annual appreciation builds toward $143,390 over five years. Five-year ROI reaches 64.12% and total cumulative return in cash records $109,485. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,400/mo property income covering a $2,540/mo payment rather than investor’s personal income.
Townhouse
Built in 1990
1,097 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14731, Ellicottville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,479 (100%) |
| Owner Occupied HU | 481 (19.4%) |
| Renter Occupied HU | 153 ( 6.2%) |
| Vacant Housing Units | 1,845 (74.4%) |
| Median Home Value | $298,684 |
| Average Home Value | $336,845 |
Housing Distribution
Address Breakdown
Residential
500
Single Family
405
Multi-Family
95
Businesses
163
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melanie A Pritchard • ERA Team VP Real Estate
Mls Name: NYSAMLSs
Mls ID: #B1636114