167 Austin Hill RdErinNY14838
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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 Erin at 167 Austin Hill Rd, Erin, NY, 14838 priced at $179,000 pairs $0/mo rent with after a $876/mo payment. Total monthly income equals $0/mo. Return on cash invested is -4.26% in year one, and rental yield stands at 0% on a $179,000 basis. Equity gained on principal adds $1,155/yr, and 5% annual appreciation accumulates to $49,454 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $876/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1976
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14838, Erin, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 806 (100%) |
| Owner Occupied HU | 652 (80.9%) |
| Renter Occupied HU | 69 ( 8.6%) |
| Vacant Housing Units | 85 (10.5%) |
| Median Home Value | $167,750 |
| Average Home Value | $209,632 |
Housing Distribution
Address Breakdown
Residential
749
Single Family
749
Multi-Family
0
Businesses
11
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices