3582 Route 20FredoniaNY14063
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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 Fredonia at 3582 Route 20, Fredonia, NY, 14063 uses $92,124 cash to close to unlock $10,841/yr annual cash flow and $903/mo monthly cash flow. Total monthly income runs $2,759/mo, and a $1,360/mo payment keeps the spread at $903/mo. Purchase price stands at $277,900, and rental yield measures 11.91% with $2,759/mo rent. Return on cash invested shows 31.68% in year one, and 5% annual appreciation builds toward $76,779 over five years. Five-year ROI reaches 166.62% and total cumulative return in cash records $153,501. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,759/mo property income covering a $1,360/mo payment rather than investor’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14063, Fredonia, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,945 (100%) |
| Owner Occupied HU | 3,146 (52.9%) |
| Renter Occupied HU | 1,837 (30.9%) |
| Vacant Housing Units | 962 (16.2%) |
| Median Home Value | $208,679 |
| Average Home Value | $260,037 |
Housing Distribution
Address Breakdown
Residential
5,067
Single Family
4,816
Multi-Family
251
Businesses
407
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