51 Olean StBolivarNY14715
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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 Bolivar at 51 Olean St, Bolivar, NY, 14715 priced at $124,900 pairs $1,843/mo rent with $1,009/mo cash flow after a $611/mo payment. Total monthly income equals $1,843/mo, and annual cash flow comes to $12,111/yr on $41,404 invested. Return on cash invested is 49.16% in year one, and rental yield stands at 17.71% on a $124,900 basis. Equity gained on principal adds $806/yr, and 5% annual appreciation accumulates to $34,508 by year five. Five-year ROI measures 260.43% and total cumulative return in cash reaches $107,830. For financing, Ziffy Mortgage’s DSCR program evaluates $1,843/mo property income against a $611/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
6,695 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14715, Bolivar, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,349 (100%) |
| Owner Occupied HU | 803 (59.5%) |
| Renter Occupied HU | 253 (18.8%) |
| Vacant Housing Units | 293 (21.7%) |
| Median Home Value | $78,547 |
| Average Home Value | $142,326 |
Housing Distribution
Address Breakdown
Residential
1,107
Single Family
1,084
Multi-Family
23
Businesses
58
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