3 Charlesworth AveAvocaNY14809
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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 Avoca at 3 Charlesworth Ave, Avoca, NY, 14809 priced at $150,000 converts $1,161/mo rent into $160/mo cash flow after a $734/mo obligation. Total monthly income equals $1,161/mo, and annual cash flow totals $1,914/yr on $49,725 invested. Return on cash invested prints 23.76% in year one, and rental yield reads 9.29% against a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation compiles into $41,442 by year five. Five-year ROI reaches 124.17% and total cumulative return in cash sums $61,746. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,161/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in 1964
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14809, Avoca, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,247 (100%) |
| Owner Occupied HU | 778 (62.4%) |
| Renter Occupied HU | 200 (16.0%) |
| Vacant Housing Units | 269 (21.6%) |
| Median Home Value | $130,128 |
| Average Home Value | $189,846 |
Housing Distribution
Address Breakdown
Residential
850
Single Family
850
Multi-Family
0
Businesses
63
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