29 Whitfield AveChautauquaNY14722
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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 Chautauqua at 29 Whitfield Ave, Chautauqua, NY, 14722 uses $312,550 cash to close to unlock $13,738/yr annual cash flow and $1,145/mo monthly cash flow. Total monthly income runs $7,489/mo, and a $4,650/mo payment keeps the spread at $1,145/mo. Purchase price stands at $950,000, and rental yield measures 9.46% with $7,489/mo rent. Return on cash invested shows 24.46% in year one, and 5% annual appreciation builds toward $262,467 over five years. Five-year ROI reaches 127.83% and total cumulative return in cash records $399,530. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,489/mo property income covering a $4,650/mo payment rather than investor’s personal income.
Single Family
Built in 1885
775.37 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14722, Chautauqua, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,203 (100%) |
| Owner Occupied HU | 90 ( 7.5%) |
| Renter Occupied HU | 14 ( 1.2%) |
| Vacant Housing Units | 1,099 (91.4%) |
| Median Home Value | $815,574 |
| Average Home Value | $756,111 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
65
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Listed by: Nicholas Holt • Howard Hanna Holt - Mayville
Mls Name: NYSAMLSs
Mls ID: #R1638762