2714 Degroff RdNundaNY14517
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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 Nunda at 2714 Degroff Rd, Nunda, NY, 14517 generates $2,591/mo in rent and, after a $920/mo payment, leaves $1,336/mo in cash flow. Total monthly income is $2,591/mo, and annual cash flow is $16,031/yr on $62,289 invested. Return on cash invested sits at 45.65% in year one, and rental yield is 16.55% on a $187,900 entry. Equity gained on principal adds $1,212/yr, while 5% annual appreciation builds toward $51,913 over five years. Five-year ROI reaches 241.51% and total cumulative return in cash sums $150,433. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,591/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
14.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14517, Nunda, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,164 (100%) |
| Owner Occupied HU | 773 (66.4%) |
| Renter Occupied HU | 262 (22.5%) |
| Vacant Housing Units | 129 (11.1%) |
| Median Home Value | $136,961 |
| Average Home Value | $169,078 |
Housing Distribution
Address Breakdown
Residential
799
Single Family
761
Multi-Family
38
Businesses
77
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