2047 Ashmar LnJamestownNY14701
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 Jamestown at 2047 Ashmar Ln, Jamestown, NY, 14701 generates $3,007/mo in rent and, after a $1,610/mo payment, leaves $670/mo in cash flow. Total monthly income is $3,007/mo, and annual cash flow is $8,043/yr on $109,064 invested. Return on cash invested sits at 27.28% in year one, and rental yield is 10.97% on a $329,000 entry. Equity gained on principal adds $2,123/yr, while 5% annual appreciation builds toward $90,897 over five years. Five-year ROI reaches 143.62% and total cumulative return in cash sums $156,633. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,007/mo property income rather than buyer’s personal income.
Single Family
Built in 2013
7,004 sqft lot
$N/A/sqft
$420 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14701, Jamestown, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,245 (100%) |
| Owner Occupied HU | 9,270 (48.2%) |
| Renter Occupied HU | 7,532 (39.1%) |
| Vacant Housing Units | 2,443 (12.7%) |
| Median Home Value | $116,171 |
| Average Home Value | $172,681 |
Housing Distribution
Address Breakdown
Residential
16,600
Single Family
15,235
Multi-Family
1,365
Businesses
1,189
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Madeline Shults • Century 21 Turner Brokers
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1543682
Disclaimer: The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, UNYREIS and WNYREIS. Real estate listings held by firms other than Zillow, Inc. are marked with the IDX logo and include the Listing Brokers Firm Name. Listing Data last updated at 2024-09-16 09:25:46 PDT. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. 2024 CNYIS, UNYREIS, WNYREIS. All rights reserved.