16647 State Route 31HolleyNY14470
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
Rental property for sale in Holley at 16647 State Route 31, Holley, NY, 14470 generates $1,207/mo in rent and, after a $783/mo payment, leaves $139/mo in cash flow. Total monthly income is $1,207/mo, and annual cash flow is $1,666/yr on $53,007 invested. Return on cash invested sits at 23.05% in year one, and rental yield is 9.06% on a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 120.34% and total cumulative return in cash sums $63,786. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,207/mo property income rather than buyer’s personal income.
Single Family
Built in 1880
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14470, Holley, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,382 (100%) |
| Owner Occupied HU | 2,516 (74.4%) |
| Renter Occupied HU | 656 (19.4%) |
| Vacant Housing Units | 210 ( 6.2%) |
| Median Home Value | $152,637 |
| Average Home Value | $193,974 |
Housing Distribution
Address Breakdown
Residential
3,287
Single Family
3,165
Multi-Family
122
Businesses
122
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices