2048 Swartwood Hill RdErinNY14838
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, 2048 Swartwood Hill Rd, Erin, NY, 14838 in Erin is priced for capital growth, not immediate cash flow. The $219,900 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $60,754 by year five, with $2,025/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.00) qualifies for non-U.S. residents without personal income documents.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.2% |
| Monthly Cash Flow | $0 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
Single Family
Built in 1975
15.80 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
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
Single Family
Built in 1975
15.80 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