6515 Donlen DrEllicottvilleNY14731
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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 6515 Donlen Dr, Ellicottville, NY, 14731 uses $43,062 cash to close to unlock $1,684/yr annual cash flow and $140/mo monthly cash flow. Total monthly income runs $1,008/mo, and a $636/mo payment keeps the spread at $140/mo. Purchase price stands at $129,900, and rental yield measures 9.31% with $1,008/mo rent. Return on cash invested shows 23.82% in year one, and 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 124.55% and total cumulative return in cash records $53,635. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,008/mo property income covering a $636/mo payment rather than investor’s personal income.
Single Family
Built in 1979
0.34 Acres 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: Larry M. Magguilli • Hunt Real Estate ERA/Columbus
Mls Name: NYSAMLSs
Mls ID: #R1660279