1630 Pennsylvania AvePine CityNY14871
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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 Pine City at 1630 Pennsylvania Ave, Pine City, NY, 14871 priced at $315,000 converts $2,040/mo rent into after a $1,542/mo obligation. Total monthly income equals $2,040/mo. Return on cash invested prints 19.18% in year one, and rental yield reads 7.77% against a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation compiles into $87,029 by year five. Five-year ROI reaches 99.58% and total cumulative return in cash sums $103,985. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,040/mo property income covering a $1,542/mo payment, not borrower’s personal income.
Single Family
Built in N/A
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14871, Pine City, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,018 (100%) |
| Owner Occupied HU | 1,636 (81.1%) |
| Renter Occupied HU | 195 ( 9.7%) |
| Vacant Housing Units | 187 ( 9.3%) |
| Median Home Value | $197,727 |
| Average Home Value | $273,704 |
Housing Distribution
Address Breakdown
Residential
1,798
Single Family
1,766
Multi-Family
32
Businesses
67
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Listed by: Joseph David Iles • Keller Williams Realty Southern Tier&Finger Lakes
Mls Name: ECMLS
Mls Provider:
Mls ID: #278438
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.