609 E 8th StJamestownNY14701
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
Investment property for sale in Jamestown at 609 E 8th St, Jamestown, NY, 14701 listed at $128,000 pairs $1,213/mo rent with a $627/mo payment to leave $359/mo cash flow. Total monthly income runs $1,213/mo, and annual cash flow reaches $4,305/yr on $42,432 cash to close. Return on cash invested measures 30.05% in year one, and rental yield registers 11.37% at a $128,000 basis. Equity gained on principal adds $826/yr, and annual property appreciation at 5% supports $35,364 by year five. Five-year ROI tracks 157.89% and total cumulative return in cash totals $66,995. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,213/mo property income relative to a $627/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1890
2,199 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14701, Jamestown, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,245 (100%) |
| Owner Occupied HU | 9,270 (48.2%) |
| Renter Occupied HU | 7,532 (39.1%) |
| Vacant Housing Units | 2,443 (12.7%) |
| Median Home Value | $116,171 |
| Average Home Value | $172,681 |
Housing Distribution
Address Breakdown
Residential
16,600
Single Family
15,235
Multi-Family
1,365
Businesses
1,189
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tara Walrod • Walrod Realty
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1618850
Disclaimer: The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, UNYREIS and WNYREIS. Real estate listings held by firms other than Zillow, Inc. are marked with the IDX logo and include the Listing Brokers Firm Name. Listing Data last updated at 2025-07-01 14:11:13 PDT. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.