214-216 Charles St #214Painted PostNY14870
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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 Painted Post at 214-216 Charles St #214, Painted Post, NY, 14870 offers a 12.64% rental yield on a $175,000 purchase with $1,843/mo rent. Total monthly income registers $1,843/mo, and a $857/mo payment leaves $674/mo available for distribution. Annual cash flow reaches $8,087/yr on $58,013 to close, and return on cash invested stands at 33.85% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 178.24% and total cumulative return in cash at $103,399. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,843/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1910
8,267 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14870, Painted Post, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,532 (100%) |
| Owner Occupied HU | 2,868 (63.3%) |
| Renter Occupied HU | 1,264 (27.9%) |
| Vacant Housing Units | 400 ( 8.8%) |
| Median Home Value | $220,128 |
| Average Home Value | $236,334 |
Housing Distribution
Address Breakdown
Residential
4,467
Single Family
4,204
Multi-Family
263
Businesses
247
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Listed by: Michelle Kay • Howard Hanna Corning Market St.
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1599327
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