22 Monroe StSilver CreekNY14136
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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
Rental property for sale in Silver Creek at 22 Monroe St, Silver Creek, NY, 14136 priced at $154,900 converts $1,208/mo rent into $174/mo cash flow after a $758/mo obligation. Total monthly income equals $1,208/mo, and annual cash flow totals $2,085/yr on $51,349 invested. Return on cash invested prints 23.97% in year one, and rental yield reads 9.36% against a $154,900 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation compiles into $42,796 by year five. Five-year ROI reaches 125.25% and total cumulative return in cash sums $64,316. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,208/mo property income covering a $758/mo payment, not borrower’s personal income.
Single Family
Built in 1900
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14136, Silver Creek, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,477 (100%) |
| Owner Occupied HU | 1,653 (66.7%) |
| Renter Occupied HU | 455 (18.4%) |
| Vacant Housing Units | 369 (14.9%) |
| Median Home Value | $158,902 |
| Average Home Value | $190,555 |
Housing Distribution
Address Breakdown
Residential
2,197
Single Family
2,147
Multi-Family
50
Businesses
138
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Listed by: Alicia McNaughton-Gage • ERA Team VP Real Estate-Fredonia
Mls Name: NYSAMLSs
Mls ID: #R1645865