28 Center StSavonaNY14879
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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
Investment property for sale in Savona at 28 Center St, Savona, NY, 14879 offers a 8.41% rental yield on a $285,000 purchase with $1,997/mo rent. Total monthly income registers $1,997/mo, and a $1,395/mo payment leaves $94/mo available for distribution. Annual cash flow reaches $1,125/yr on $94,478 to close, and return on cash invested stands at 21.1% in year one. Equity gained on principal adds $1,839/yr while 5% annual appreciation supports $78,740 over five years. Portfolio math shows five-year ROI at 109.87% and total cumulative return in cash at $103,806. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,997/mo property income against a $1,395/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
5.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14879, Savona, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 928 (100%) |
| Owner Occupied HU | 605 (65.2%) |
| Renter Occupied HU | 186 (20.0%) |
| Vacant Housing Units | 137 (14.8%) |
| Median Home Value | $145,536 |
| Average Home Value | $181,281 |
Housing Distribution
Address Breakdown
Residential
813
Single Family
813
Multi-Family
0
Businesses
38
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Listed by: Daniel J. Mower • Keller Williams Realty Southern Tier&Finger Lakes
Mls Name: ECMLS
Mls Provider:
Mls ID: #276795
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.