24 Spring Flower DrNorth ChiliNY14514
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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 North Chili at 24 Spring Flower Dr, North Chili, NY, 14514 offers $2,726/mo rent that, after a $1,076/mo payment, leaves $1,258/mo cash flow. Total monthly income is $2,726/mo, and annual cash flow is $15,094/yr on $72,897 cash. Return on cash invested measures 40.62% in year one, and rental yield stands at 14.88% at a $219,900 entry. Equity gained on principal adds $1,419/yr while 5% annual appreciation compounds into $60,754 by year five. Five-year ROI records 214.5% and total cumulative return in cash reaches $156,364. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,726/mo property income versus a $1,076/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1986
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14514, North Chili, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,076 (100%) |
| Owner Occupied HU | 1,849 (60.1%) |
| Renter Occupied HU | 1,107 (36.0%) |
| Vacant Housing Units | 120 ( 3.9%) |
| Median Home Value | $229,065 |
| Average Home Value | $254,601 |
Housing Distribution
Address Breakdown
Residential
2,879
Single Family
2,491
Multi-Family
388
Businesses
146
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Listed by: Roger J. Benton • Howard Hanna
Mls Name: NYSAMLSs
Mls ID: #R1622259