6447 Holiday Valley Rd #439-4EllicottvilleNY14731
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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 #439-4, Ellicottville, NY, 14731 offers a 9.08% rental yield on a $174,900 purchase with $1,323/mo rent. Total monthly income registers $1,323/mo, and a $856/mo payment leaves $155/mo available for distribution. Annual cash flow reaches $1,861/yr on $57,979 to close, and return on cash invested stands at 23.12% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,322 over five years. Portfolio math shows five-year ROI at 120.77% and total cumulative return in cash at $70,020. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,323/mo property income against a $856/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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: #B1639780