2480 Balmer RdRansomvilleNY14131
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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 Ransomville at 2480 Balmer Rd, Ransomville, NY, 14131 generates $1,502/mo in rent and, after a $1,072/mo payment, leaves $39/mo in cash flow. Total monthly income is $1,502/mo, and annual cash flow is $473/yr on $72,599 invested. Return on cash invested sits at 20.56% in year one, and rental yield is 8.23% on a $219,000 entry. Equity gained on principal adds $1,413/yr, while 5% annual appreciation builds toward $60,506 over five years. Five-year ROI reaches 107.02% and total cumulative return in cash sums $77,697. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,502/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14131, Ransomville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,460 (100%) |
| Owner Occupied HU | 1,932 (78.5%) |
| Renter Occupied HU | 319 (13.0%) |
| Vacant Housing Units | 209 ( 8.5%) |
| Median Home Value | $263,514 |
| Average Home Value | $315,903 |
Housing Distribution
Address Breakdown
Residential
2,054
Single Family
1,849
Multi-Family
205
Businesses
67
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Listed by: Janelle R Rohring • Keller Williams Realty WNY
Mls Name: NYSAMLSs
Mls ID: #B1648448