4845 Route 474AshvilleNY14710
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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 Ashville at 4845 Route 474, Ashville, NY, 14710 offers a 13.53% rental yield on a $435,000 purchase with $4,906/mo rent. Total monthly income registers $4,906/mo, and a $2,129/mo payment leaves $2,001/mo available for distribution. Annual cash flow reaches $24,015/yr on $144,203 to close, and return on cash invested stands at 36.56% in year one. Equity gained on principal adds $2,807/yr while 5% annual appreciation supports $120,182 over five years. Portfolio math shows five-year ROI at 192.8% and total cumulative return in cash at $278,028. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,906/mo property income against a $2,129/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1986
1.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14710, Ashville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,275 (100%) |
| Owner Occupied HU | 1,226 (53.9%) |
| Renter Occupied HU | 194 ( 8.5%) |
| Vacant Housing Units | 855 (37.6%) |
| Median Home Value | $233,333 |
| Average Home Value | $267,055 |
Housing Distribution
Address Breakdown
Residential
1,553
Single Family
1,553
Multi-Family
0
Businesses
62
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Listed by: Brenda Gernatt • Danahy Real Estate
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1522283
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