3981 County Route 70aAvocaNY14809
Nearby investment properties with comparable rents
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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 Avoca at 3981 County Route 70a, Avoca, NY, 14809 uses $50,222 cash to close to unlock $15,046/yr annual cash flow and $1,254/mo monthly cash flow. Total monthly income runs $2,266/mo, and a $742/mo payment keeps the spread at $1,254/mo. Purchase price stands at $151,500, and rental yield measures 17.95% with $2,266/mo rent. Return on cash invested shows 49.87% in year one, and 5% annual appreciation builds toward $41,857 over five years. Five-year ROI reaches 264.12% and total cumulative return in cash records $132,645. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,266/mo property income covering a $742/mo payment rather than investor’s personal income.
Single Family
Built in 1790
1.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14809, Avoca, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,247 (100%) |
| Owner Occupied HU | 778 (62.4%) |
| Renter Occupied HU | 200 (16.0%) |
| Vacant Housing Units | 269 (21.6%) |
| Median Home Value | $130,128 |
| Average Home Value | $189,846 |
Housing Distribution
Address Breakdown
Residential
850
Single Family
850
Multi-Family
0
Businesses
63
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