58 S Main StAvocaNY14809
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
Rental property for sale in Avoca at 58 S Main St, Avoca, NY, 14809 offers $720/mo rent that, after a $709/mo payment. Total monthly income is $720/mo. Return on cash invested measures 13.73% in year one, and rental yield stands at 5.96% at a $144,900 entry. Equity gained on principal adds $935/yr while 5% annual appreciation compounds into $40,033 by year five. Five-year ROI records 70.35% and total cumulative return in cash reaches $33,793. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $720/mo property income versus a $709/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
10,829 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14809, Avoca, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,247 (100%) |
| Owner Occupied HU | 778 (62.4%) |
| Renter Occupied HU | 200 (16.0%) |
| Vacant Housing Units | 269 (21.6%) |
| Median Home Value | $130,128 |
| Average Home Value | $189,846 |
Housing Distribution
Address Breakdown
Residential
850
Single Family
850
Multi-Family
0
Businesses
63
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