301 Ells RdAlfred StationNY14803
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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 Alfred Station at 301 Ells Rd, Alfred Station, NY, 14803 listed at $230,000 pairs $1,690/mo rent with a $1,126/mo payment to leave $154/mo cash flow. Total monthly income runs $1,690/mo, and annual cash flow reaches $1,846/yr on $76,245 cash to close. Return on cash invested measures 22.33% in year one, and rental yield registers 8.82% at a $230,000 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,545 by year five. Five-year ROI tracks 116.46% and total cumulative return in cash totals $88,795. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,690/mo property income relative to a $1,126/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1968
13.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14803, Alfred Station, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 680 (100%) |
| Owner Occupied HU | 356 (52.4%) |
| Renter Occupied HU | 181 (26.6%) |
| Vacant Housing Units | 143 (21.0%) |
| Median Home Value | $138,194 |
| Average Home Value | $176,587 |
Housing Distribution
Address Breakdown
Residential
507
Single Family
507
Multi-Family
0
Businesses
38
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Listed by: Shaune Henry • HUNT Real Estate
Mls Name: HUNT ERA Real Estate
Mls ID: #R1608256