2271 E River RdNicholsNY13812
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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 Nichols at 2271 E River Rd, Nichols, NY, 13812 listed at $170,000 pairs $960/mo rent with a $832/mo payment. Total monthly income runs $960/mo. Return on cash invested measures 16.18% in year one, and rental yield registers 6.78% at a $170,000 basis. Equity gained on principal adds $1,097/yr, and annual property appreciation at 5% supports $46,968 by year five. Five-year ROI tracks 83.49% and total cumulative return in cash totals $47,049. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $960/mo property income relative to a $832/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1962
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13812, Nichols, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 998 (100%) |
| Owner Occupied HU | 676 (67.7%) |
| Renter Occupied HU | 206 (20.6%) |
| Vacant Housing Units | 116 (11.6%) |
| Median Home Value | $177,296 |
| Average Home Value | $187,570 |
Housing Distribution
Address Breakdown
Residential
901
Single Family
891
Multi-Family
10
Businesses
59
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Listed by: Micah P. Yonkoski • HOWARD HANNA
Mls Name: GBMLS
Mls Provider:
Mls ID: #331311
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.