6447 Holiday Valley Rd #321/323-4EllicottvilleNY14731
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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
Investment property for sale in Ellicottville at 6447 Holiday Valley Rd #321/323-4, Ellicottville, NY, 14731 earns $101/mo cash flow from $816/mo rent with a $524/mo payment. Total monthly income totals $816/mo, and annual cash flow totals $1,214/yr on $35,471 capital. ROI tracks 23.33% on current figures, and rental yield reads 9.15% at a $107,000 purchase. Equity gained on principal adds $690/yr, and 5% annual appreciation supports $29,562 over five years. Five-year ROI reaches 121.98% and total cumulative return in cash sums $43,266. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $816/mo property income instead of your personal income.
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
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Listed by: Tara S Bowen • Holiday Valley Realty Co, Inc
Mls Name: NYSAMLSs
Mls ID: #B1657487