54 Martha StEllicottvilleNY14731
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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 Ellicottville at 54 Martha St, Ellicottville, NY, 14731 offers $8,455/mo rent that, after a $4,137/mo payment, leaves $2,811/mo cash flow. Total monthly income is $8,455/mo, and annual cash flow is $33,730/yr on $278,050 cash. Return on cash invested measures 32.19% in year one, and rental yield stands at 12.01% at a $845,138 entry. Equity gained on principal adds $5,454/yr while 5% annual appreciation compounds into $233,496 by year five. Five-year ROI records 169.31% and total cumulative return in cash reaches $470,767. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $8,455/mo property income versus a $4,137/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1893
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14731, Ellicottville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,479 (100%) |
| Owner Occupied HU | 481 (19.4%) |
| Renter Occupied HU | 153 ( 6.2%) |
| Vacant Housing Units | 1,845 (74.4%) |
| Median Home Value | $298,684 |
| Average Home Value | $336,845 |
Housing Distribution
Address Breakdown
Residential
500
Single Family
405
Multi-Family
95
Businesses
163
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