205 Chestnut StPenn YanNY14527
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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 Penn Yan at 205 Chestnut St, Penn Yan, NY, 14527 uses $56,024 cash to close to unlock $2,011/yr annual cash flow and $168/mo monthly cash flow. Total monthly income runs $1,296/mo, and a $827/mo payment keeps the spread at $168/mo. Purchase price stands at $169,000, and rental yield measures 9.2% with $1,296/mo rent. Return on cash invested shows 23.5% in year one, and 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 122.75% and total cumulative return in cash records $68,767. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,296/mo property income covering a $827/mo payment rather than investor’s personal income.
Single Family
Built in 1908
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14527, Penn Yan, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,705 (100%) |
| Owner Occupied HU | 3,605 (53.8%) |
| Renter Occupied HU | 1,595 (23.8%) |
| Vacant Housing Units | 1,505 (22.4%) |
| Median Home Value | $226,502 |
| Average Home Value | $360,208 |
Housing Distribution
Address Breakdown
Residential
5,712
Single Family
5,491
Multi-Family
221
Businesses
452
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