429 N Main StWellsvilleNY14895
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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 Wellsville at 429 N Main St, Wellsville, NY, 14895 earns $128/mo cash flow from $2,024/mo rent with a $1,390/mo payment. Total monthly income totals $2,024/mo, and annual cash flow totals $1,530/yr on $94,146 capital. ROI tracks 21.53% on current figures, and rental yield reads 8.55% at a $284,000 purchase. Equity gained on principal adds $1,833/yr, and 5% annual appreciation supports $78,464 over five years. Five-year ROI reaches 112.22% and total cumulative return in cash sums $105,653. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,024/mo property income instead of your personal income.
Single Family
Built in 1889
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14895, Wellsville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,667 (100%) |
| Owner Occupied HU | 2,717 (58.2%) |
| Renter Occupied HU | 1,291 (27.7%) |
| Vacant Housing Units | 659 (14.1%) |
| Median Home Value | $105,381 |
| Average Home Value | $157,807 |
Housing Distribution
Address Breakdown
Residential
4,173
Single Family
3,966
Multi-Family
207
Businesses
400
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Listed by: Lisa C Darling • Homestar Realty
Mls Name: NYSAMLSs
Mls ID: #B1621526