31 W Marvin StMayvilleNY14757
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Nearby investment properties with comparable prices
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 Mayville at 31 W Marvin St, Mayville, NY, 14757 offers $1,440/mo rent that, after a $709/mo payment, leaves $473/mo cash flow. Total monthly income is $1,440/mo, and annual cash flow is $5,671/yr on $48,034 cash. Return on cash invested measures 31.72% in year one, and rental yield stands at 11.93% at a $144,900 entry. Equity gained on principal adds $935/yr while 5% annual appreciation compounds into $40,033 by year five. Five-year ROI records 166.83% and total cumulative return in cash reaches $80,137. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,440/mo property income versus a $709/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14757, Mayville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,207 (100%) |
| Owner Occupied HU | 962 (43.6%) |
| Renter Occupied HU | 318 (14.4%) |
| Vacant Housing Units | 927 (42.0%) |
| Median Home Value | $196,774 |
| Average Home Value | $239,641 |
Housing Distribution
Address Breakdown
Residential
1,643
Single Family
1,528
Multi-Family
115
Businesses
145
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