322 S Main StJamestownNY14701
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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 Jamestown at 322 S Main St, Jamestown, NY, 14701 uses $36,134 cash to close to unlock $3,499/yr annual cash flow and $292/mo monthly cash flow. Total monthly income runs $1,020/mo, and a $534/mo payment keeps the spread at $292/mo. Purchase price stands at $109,000, and rental yield measures 11.23% with $1,020/mo rent. Return on cash invested shows 29.59% in year one, and 5% annual appreciation builds toward $30,115 over five years. Five-year ROI reaches 155.48% and total cumulative return in cash records $56,182. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,020/mo property income covering a $534/mo payment rather than investor’s personal income.
Multi Family
Built in 1880
7,230 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14701, Jamestown, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,245 (100%) |
| Owner Occupied HU | 9,270 (48.2%) |
| Renter Occupied HU | 7,532 (39.1%) |
| Vacant Housing Units | 2,443 (12.7%) |
| Median Home Value | $116,171 |
| Average Home Value | $172,681 |
Housing Distribution
Address Breakdown
Residential
16,600
Single Family
15,235
Multi-Family
1,365
Businesses
1,189
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