15 Iva Mae DrNorth ChiliNY14514
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 15 Iva Mae Dr, North Chili, NY, 14514 in North Chili speaks for itself: 12.09% gross on a $279,900 price, generating $2,821/mo in rent and $952/mo in net income after the $1,259/mo debt service. DSCR 2.24, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $11,423 stacks alongside $77,331 in projected five-year appreciation and $2,578/yr in principal reduction. Projected total cumulative return: $167,968.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 12.1% | 6.2% |
| Monthly Cash Flow | $952 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,821 |
| Total Monthly Debt Service | $1,758 |
| DSCR Ratio | 1.60x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1959
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14514, North Chili, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,076 (100%) |
| Owner Occupied HU | 1,849 (60.1%) |
| Renter Occupied HU | 1,107 (36.0%) |
| Vacant Housing Units | 120 ( 3.9%) |
| Median Home Value | $229,065 |
| Average Home Value | $254,601 |
Housing Distribution
Address Breakdown
Residential
2,879
Single Family
2,491
Multi-Family
388
Businesses
146
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
Single Family
Built in 1959
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14514, North Chili, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,076 (100%) |
| Owner Occupied HU | 1,849 (60.1%) |
| Renter Occupied HU | 1,107 (36.0%) |
| Vacant Housing Units | 120 ( 3.9%) |
| Median Home Value | $229,065 |
| Average Home Value | $254,601 |
Housing Distribution
Address Breakdown
Residential
2,879
Single Family
2,491
Multi-Family
388
Businesses
146
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: NYSAMLSs
Mls ID: #R1697748