24 Columbia AveBataviaNY14020
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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 Batavia at 24 Columbia Ave, Batavia, NY, 14020 priced at $129,900 converts $1,578/mo rent into $710/mo cash flow after a $636/mo obligation. Total monthly income equals $1,578/mo, and annual cash flow totals $8,524/yr on $43,062 invested. Return on cash invested prints 39.7% in year one, and rental yield reads 14.58% against a $129,900 entry. Equity gained on principal adds $838/yr, while 5% annual appreciation compiles into $35,889 by year five. Five-year ROI reaches 209.72% and total cumulative return in cash sums $90,307. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,578/mo property income covering a $636/mo payment, not borrower’s personal income.
Single Family
Built in 1900
2,060 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14020, Batavia, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,699 (100%) |
| Owner Occupied HU | 5,597 (52.3%) |
| Renter Occupied HU | 4,231 (39.5%) |
| Vacant Housing Units | 871 ( 8.1%) |
| Median Home Value | $167,726 |
| Average Home Value | $201,365 |
Housing Distribution
Address Breakdown
Residential
9,752
Single Family
8,847
Multi-Family
905
Businesses
834
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Listed by: Lynn A Bezon • Reliant Real Estate
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #B1566676
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