36 Church StErinNY14838
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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
Rental property for sale in Erin at 36 Church St, Erin, NY, 14838 generates $1,077/mo in rent and, after a $654/mo payment, leaves $185/mo in cash flow. Total monthly income is $1,077/mo, and annual cash flow is $2,217/yr on $44,288 invested. Return on cash invested sits at 24.91% in year one, and rental yield is 9.67% on a $133,600 entry. Equity gained on principal adds $862/yr, while 5% annual appreciation builds toward $36,911 over five years. Five-year ROI reaches 130.37% and total cumulative return in cash sums $57,737. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,077/mo property income rather than buyer’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: 14838, Erin, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 806 (100%) |
| Owner Occupied HU | 652 (80.9%) |
| Renter Occupied HU | 69 ( 8.6%) |
| Vacant Housing Units | 85 (10.5%) |
| Median Home Value | $167,750 |
| Average Home Value | $209,632 |
Housing Distribution
Address Breakdown
Residential
749
Single Family
749
Multi-Family
0
Businesses
11
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