6447 Holiday Valley Rd #213/215-2EllicottvilleNY14731
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 Ellicottville at 6447 Holiday Valley Rd #213/215-2, Ellicottville, NY, 14731 listed at $105,000 pairs $3,872/mo rent with a $514/mo payment to leave $3,171/mo cash flow. Total monthly income runs $3,872/mo, and annual cash flow reaches $38,049/yr on $34,808 cash to close. Return on cash invested measures 129.22% in year one, and rental yield registers 44.25% at a $105,000 basis. Equity gained on principal adds $678/yr, and annual property appreciation at 5% supports $29,010 by year five. Five-year ROI tracks 689.72% and total cumulative return in cash totals $240,074. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,872/mo property income relative to a $514/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2009
435.60 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tara S Bowen • Holiday Valley Realty Co, Inc
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #B1616191