45 Gail DrCattaraugusNY14719
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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 Cattaraugus at 45 Gail Dr, Cattaraugus, NY, 14719 generates $1,433/mo in rent and, after a $1,027/mo payment, leaves $32/mo in cash flow. Total monthly income is $1,433/mo, and annual cash flow is $380/yr on $69,582 invested. Return on cash invested sits at 20.46% in year one, and rental yield is 8.19% on a $209,900 entry. Equity gained on principal adds $1,354/yr, while 5% annual appreciation builds toward $57,992 over five years. Five-year ROI reaches 106.42% and total cumulative return in cash sums $74,048. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,433/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14719, Cattaraugus, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,747 (100%) |
| Owner Occupied HU | 1,179 (67.5%) |
| Renter Occupied HU | 220 (12.6%) |
| Vacant Housing Units | 348 (19.9%) |
| Median Home Value | $127,833 |
| Average Home Value | $175,691 |
Housing Distribution
Address Breakdown
Residential
1,387
Single Family
1,363
Multi-Family
24
Businesses
55
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Listed by: Gregory J Spako • ERA Team VP Real Estate
Mls Name: NYSAMLSs
Mls ID: #B1652176