1829 West AveMarillaNY14102
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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
Investment property for sale in Marilla at 1829 West Ave, Marilla, NY, 14102 uses $49,725 cash to close to unlock $1,590/yr annual cash flow and $133/mo monthly cash flow. Total monthly income runs $1,134/mo, and a $734/mo payment keeps the spread at $133/mo. Purchase price stands at $150,000, and rental yield measures 9.07% with $1,134/mo rent. Return on cash invested shows 23.11% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 120.68% and total cumulative return in cash records $60,006. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,134/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1860
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14102, Marilla, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 583 (100%) |
| Owner Occupied HU | 519 (89.0%) |
| Renter Occupied HU | 42 ( 7.2%) |
| Vacant Housing Units | 22 ( 3.8%) |
| Median Home Value | $364,412 |
| Average Home Value | $441,888 |
Housing Distribution
Address Breakdown
Residential
440
Single Family
440
Multi-Family
0
Businesses
45
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