417 W Sullivan StOleanNY14760
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
Investment property for sale in Olean at 417 W Sullivan St, Olean, NY, 14760 at $154,900 posts ROI 25.28% with $230/mo cash flow from $1,264/mo rent. Total monthly income equals $1,264/mo, and annual cash flow records $2,757/yr on $51,349 to close. Return on cash invested measures 25.28% and rental yield reads 9.79% at the current $154,900. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,796 by year five. Five-year ROI prints 132.26% and total cumulative return in cash totals $67,916.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,264/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1910
3,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14760, Olean, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,296 (100%) |
| Owner Occupied HU | 4,817 (51.8%) |
| Renter Occupied HU | 3,298 (35.5%) |
| Vacant Housing Units | 1,181 (12.7%) |
| Median Home Value | $121,239 |
| Average Home Value | $185,667 |
Housing Distribution
Address Breakdown
Residential
8,257
Single Family
7,626
Multi-Family
631
Businesses
869
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Nearby investment properties with comparable prices
Listed by: Richard Jackson • Howard Hanna WNY Inc.
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #B1581087
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