6447 Holiday Valley Rd #425/427-1EllicottvilleNY14731
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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 #425/427-1, Ellicottville, NY, 14731 uses $36,465 cash to close to unlock $36,430/yr annual cash flow and $3,036/mo monthly cash flow. Total monthly income runs $3,770/mo, and a $538/mo payment keeps the spread at $3,036/mo. Purchase price stands at $110,000, and rental yield measures 41.13% with $3,770/mo rent. Return on cash invested shows 119.81% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 639.24% and total cumulative return in cash records $233,100. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,770/mo property income covering a $538/mo payment rather than investor’s 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 Provider:
Mls ID: #B1639767