151 Chipmonk RdLimestoneNY14753
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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
Rental property for sale in Limestone at 151 Chipmonk Rd, Limestone, NY, 14753 offers $0/mo rent that, after a $609/mo payment. Total monthly income is $0/mo. Return on cash invested measures -4.25% in year one, and rental yield stands at 0% at a $124,500 entry. Equity gained on principal adds $803/yr while 5% annual appreciation compounds into $34,397 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $609/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14753, Limestone, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 570 (100%) |
| Owner Occupied HU | 393 (68.9%) |
| Renter Occupied HU | 108 (18.9%) |
| Vacant Housing Units | 69 (12.1%) |
| Median Home Value | $95,000 |
| Average Home Value | $128,473 |
Housing Distribution
Address Breakdown
Residential
459
Single Family
441
Multi-Family
18
Businesses
27
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Kelly Patrone • Howard Hanna Professionals - Olean
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1615218
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