46 Mill StNundaNY14517
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 Nunda at 46 Mill St, Nunda, NY, 14517 offers a 9.44% rental yield on a $164,900 purchase with $1,297/mo rent. Total monthly income registers $1,297/mo, and a $807/mo payment leaves $196/mo available for distribution. Annual cash flow reaches $2,351/yr on $54,664 to close, and return on cash invested stands at 24.21% in year one. Equity gained on principal adds $1,064/yr while 5% annual appreciation supports $45,559 over five years. Portfolio math shows five-year ROI at 126.52% and total cumulative return in cash at $69,160. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,297/mo property income against a $807/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14517, Nunda, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,164 (100%) |
| Owner Occupied HU | 773 (66.4%) |
| Renter Occupied HU | 262 (22.5%) |
| Vacant Housing Units | 129 (11.1%) |
| Median Home Value | $136,961 |
| Average Home Value | $169,078 |
Housing Distribution
Address Breakdown
Residential
799
Single Family
761
Multi-Family
38
Businesses
77
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices