6451 Olean RdSouth WalesNY14139
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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
Rental property for sale in South Wales at 6451 Olean Rd, South Wales, NY, 14139 offers $1,901/mo rent that, after a $2,100/mo payment. Total monthly income is $1,901/mo. Return on cash invested measures 11.77% in year one, and rental yield stands at 5.32% at a $429,000 entry. Equity gained on principal adds $2,768/yr while 5% annual appreciation compounds into $118,525 by year five. Five-year ROI records 59.85% and total cumulative return in cash reaches $85,117. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,901/mo property income versus a $2,100/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1932
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14139, South Wales, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 929 (100%) |
| Owner Occupied HU | 751 (80.8%) |
| Renter Occupied HU | 113 (12.2%) |
| Vacant Housing Units | 65 ( 7.0%) |
| Median Home Value | $299,824 |
| Average Home Value | $342,553 |
Housing Distribution
Address Breakdown
Residential
923
Single Family
923
Multi-Family
0
Businesses
51
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Listed by: Ramona Cook • RE/MAX Precision
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #B1591770
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