304 Erie StLittle ValleyNY14755
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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 Little Valley at 304 Erie St, Little Valley, NY, 14755 offers $0/mo rent that, after a $758/mo payment. Total monthly income is $0/mo. Return on cash invested measures -4.26% in year one, and rental yield stands at 0% at a $154,900 entry. Equity gained on principal adds $1,000/yr while 5% annual appreciation compounds into $42,796 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $758/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
10,558 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14755, Little Valley, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,503 (100%) |
| Owner Occupied HU | 898 (59.7%) |
| Renter Occupied HU | 254 (16.9%) |
| Vacant Housing Units | 351 (23.4%) |
| Median Home Value | $153,200 |
| Average Home Value | $182,447 |
Housing Distribution
Address Breakdown
Residential
1,203
Single Family
1,180
Multi-Family
23
Businesses
93
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Ciji L VanDyke • RE/MAX On Point
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #B1541741
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