66 S Main StCassadagaNY14718
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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 Cassadaga at 66 S Main St, Cassadaga, NY, 14718 offers a 9.39% rental yield on a $129,500 purchase with $1,013/mo rent. Total monthly income registers $1,013/mo, and a $634/mo payment leaves $148/mo available for distribution. Annual cash flow reaches $1,777/yr on $42,929 to close, and return on cash invested stands at 24.05% in year one. Equity gained on principal adds $836/yr while 5% annual appreciation supports $35,778 over five years. Portfolio math shows five-year ROI at 125.76% and total cumulative return in cash at $53,990. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,013/mo property income against a $634/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1890
2.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14718, Cassadaga, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,040 (100%) |
| Owner Occupied HU | 655 (63.0%) |
| Renter Occupied HU | 122 (11.7%) |
| Vacant Housing Units | 263 (25.3%) |
| Median Home Value | $173,302 |
| Average Home Value | $217,263 |
Housing Distribution
Address Breakdown
Residential
706
Single Family
704
Multi-Family
2
Businesses
65
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