60106 State Route 415AvocaNY14809
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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 Avoca at 60106 State Route 415, Avoca, NY, 14809 generates $1,650/mo in rent and, after a $827/mo payment, leaves $522/mo in cash flow. Total monthly income is $1,650/mo, and annual cash flow is $6,259/yr on $56,024 invested. Return on cash invested sits at 31.08% in year one, and rental yield is 11.72% on a $169,000 entry. Equity gained on principal adds $1,091/yr, while 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 163.42% and total cumulative return in cash sums $91,555. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,650/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
0.62 Acres 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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