227 Mill StSpringvilleNY14141
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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 Springville at 227 Mill St, Springville, NY, 14141 at $399,900 posts ROI 6% with from $1,134/mo rent. Total monthly income equals $1,134/mo. Return on cash invested measures 6% and rental yield reads 3.4% at the current $399,900. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,485 by year five. Five-year ROI prints 28.91% and total cumulative return in cash totals $38,324. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,134/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1900
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14141, Springville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,531 (100%) |
| Owner Occupied HU | 2,273 (64.4%) |
| Renter Occupied HU | 975 (27.6%) |
| Vacant Housing Units | 283 ( 8.0%) |
| Median Home Value | $269,822 |
| Average Home Value | $393,226 |
Housing Distribution
Address Breakdown
Residential
3,208
Single Family
2,884
Multi-Family
324
Businesses
323
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Listed by: Kathleen E Komenda • Howard Hanna WNY Inc.
Mls Name: NYSAMLSs
Mls ID: #B1654751