185 WildflowerEllicottvilleNY14731
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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 Ellicottville at 185 Wildflower, Ellicottville, NY, 14731 offers a 10.32% rental yield on a $279,000 purchase with $2,400/mo rent. Total monthly income registers $2,400/mo, and a $1,366/mo payment leaves $536/mo available for distribution. Annual cash flow reaches $6,437/yr on $92,489 to close, and return on cash invested stands at 26.87% in year one. Equity gained on principal adds $1,800/yr while 5% annual appreciation supports $77,083 over five years. Portfolio math shows five-year ROI at 140.83% and total cumulative return in cash at $130,255. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,400/mo property income against a $1,366/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1991
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14731, Ellicottville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,479 (100%) |
| Owner Occupied HU | 481 (19.4%) |
| Renter Occupied HU | 153 ( 6.2%) |
| Vacant Housing Units | 1,845 (74.4%) |
| Median Home Value | $298,684 |
| Average Home Value | $336,845 |
Housing Distribution
Address Breakdown
Residential
500
Single Family
405
Multi-Family
95
Businesses
163
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Listed by: Melanie A Pritchard • ERA Team VP Real Estate
Mls Name: NYSAMLSs
Mls ID: #B1619456