23 Chestnut StSpringvilleNY14141
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 Springville at 23 Chestnut St, Springville, NY, 14141 offers a 11.97% rental yield on a $275,000 purchase with $2,742/mo rent. Total monthly income registers $2,742/mo, and a $1,346/mo payment leaves $906/mo available for distribution. Annual cash flow reaches $10,867/yr on $91,163 to close, and return on cash invested stands at 31.83% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 167.42% and total cumulative return in cash at $152,627. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,742/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
10,454 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A