34 Water StAndoverNY14806
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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 Andover at 34 Water St, Andover, NY, 14806 earns $233/mo cash flow from $1,068/mo rent with a $612/mo payment. Total monthly income totals $1,068/mo, and annual cash flow totals $2,797/yr on $41,438 capital. ROI tracks 26.66% on current figures, and rental yield reads 10.25% at a $125,000 purchase. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 over five years. Five-year ROI reaches 139.8% and total cumulative return in cash sums $57,929. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,068/mo property income instead of your personal income.
Single Family
Built in 1920
10.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14806, Andover, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,025 (100%) |
| Owner Occupied HU | 656 (64.0%) |
| Renter Occupied HU | 137 (13.4%) |
| Vacant Housing Units | 232 (22.6%) |
| Median Home Value | $107,667 |
| Average Home Value | $154,196 |
Housing Distribution
Address Breakdown
Residential
557
Single Family
548
Multi-Family
9
Businesses
44
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Nearby investment properties with comparable prices
Listed by: Julie Federowicz • ERA Team VP-Olean
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1549921
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