340 North AveAvonNY14414
Nearby investment properties with comparable rents
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 Avon at 340 North Ave, Avon, NY, 14414 offers $2,548/mo rent that, after a $785/mo payment, leaves $1,477/mo cash flow. Total monthly income is $2,548/mo, and annual cash flow is $17,723/yr on $53,173 cash. Return on cash invested measures 53.24% in year one, and rental yield stands at 19.06% at a $160,400 entry. Equity gained on principal adds $1,035/yr while 5% annual appreciation compounds into $44,316 by year five. Five-year ROI records 282.2% and total cumulative return in cash reaches $150,055. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,548/mo property income versus a $785/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14414, Avon, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,206 (100%) |
| Owner Occupied HU | 2,185 (68.2%) |
| Renter Occupied HU | 803 (25.0%) |
| Vacant Housing Units | 218 ( 6.8%) |
| Median Home Value | $200,043 |
| Average Home Value | $220,700 |
Housing Distribution
Address Breakdown
Residential
2,942
Single Family
2,841
Multi-Family
101
Businesses
255
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