670 Knabb RdElmaNY14059
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Elma at 670 Knabb Rd, Elma, NY, 14059 with 5% annual appreciation on a $1,186,900 basis while $9,326/mo rent supports operations. Total monthly income totals $9,326/mo and a $5,809/mo payment preserves $1,400/mo for cash returns. Annual cash flow comes to $16,804/yr on $384,556 deployed, and return on cash invested reaches 24.74% in year one. Equity gained on principal adds $7,659/yr, and five-year appreciation sums $327,919 alongside rental yield of 9.43%. Five-year ROI measures 129.31% and total cumulative return in cash totals $497,259.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $9,326/mo property income versus a $5,809/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2006
5.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14059, Elma, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,097 (100%) |
| Owner Occupied HU | 3,420 (83.5%) |
| Renter Occupied HU | 469 (11.4%) |
| Vacant Housing Units | 208 ( 5.1%) |
| Median Home Value | $408,712 |
| Average Home Value | $462,518 |
Housing Distribution
Address Breakdown
Residential
3,883
Single Family
3,763
Multi-Family
120
Businesses
338
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices