16 S Main StAlmondNY14804
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 Almond at 16 S Main St, Almond, NY, 14804 priced at $189,000 converts $0/mo rent into after a $925/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -4.26% in year one, and rental yield reads 0% against a $189,000 entry. Equity gained on principal adds $1,220/yr, while 5% annual appreciation compiles into $52,217 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $925/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14804, Almond, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 794 (100%) |
| Owner Occupied HU | 467 (58.8%) |
| Renter Occupied HU | 98 (12.3%) |
| Vacant Housing Units | 229 (28.8%) |
| Median Home Value | $137,500 |
| Average Home Value | $178,207 |
Housing Distribution
Address Breakdown
Residential
459
Single Family
459
Multi-Family
0
Businesses
27
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Stephanie Littlefield • eXp Realty
Mls Name: ECMLS
Mls Provider:
Mls ID: #275961
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.