21 Center StForestvilleNY14062
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
Investment property for sale in Forestville at 21 Center St, Forestville, NY, 14062 offers a 8.39% rental yield on a $289,000 purchase with $2,021/mo rent. Total monthly income registers $2,021/mo, and a $1,415/mo payment leaves $91/mo available for distribution. Annual cash flow reaches $1,087/yr on $95,804 to close, and return on cash invested stands at 21.04% in year one. Equity gained on principal adds $1,865/yr while 5% annual appreciation supports $79,845 over five years. Portfolio math shows five-year ROI at 109.59% and total cumulative return in cash at $104,990. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,021/mo property income against a $1,415/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14062, Forestville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,504 (100%) |
| Owner Occupied HU | 1,078 (71.7%) |
| Renter Occupied HU | 248 (16.5%) |
| Vacant Housing Units | 178 (11.8%) |
| Median Home Value | $170,652 |
| Average Home Value | $213,497 |
Housing Distribution
Address Breakdown
Residential
1,304
Single Family
1,304
Multi-Family
0
Businesses
36
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Listed by: Joel Anders • Realty ONE Group Empower
Mls Name: NYSAMLSs
Mls ID: #B1635412