29 Prospect StFredoniaNY14063
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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 Fredonia at 29 Prospect St, Fredonia, NY, 14063 listed at $137,200 pairs $2,286/mo rent with a $672/mo payment to leave $1,369/mo cash flow. Total monthly income runs $2,286/mo, and annual cash flow reaches $16,432/yr on $45,482 cash to close. Return on cash invested measures 56.04% in year one, and rental yield registers 19.99% at a $137,200 basis. Equity gained on principal adds $885/yr, and annual property appreciation at 5% supports $37,906 by year five. Five-year ROI tracks 297.31% and total cumulative return in cash totals $135,223. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,286/mo property income relative to a $672/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1897
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14063, Fredonia, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,945 (100%) |
| Owner Occupied HU | 3,146 (52.9%) |
| Renter Occupied HU | 1,837 (30.9%) |
| Vacant Housing Units | 962 (16.2%) |
| Median Home Value | $208,679 |
| Average Home Value | $260,037 |
Housing Distribution
Address Breakdown
Residential
5,067
Single Family
4,816
Multi-Family
251
Businesses
407
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