673 Ivory RdFrewsburgNY14738
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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 Frewsburg at 673 Ivory Rd, Frewsburg, NY, 14738 priced at $195,600 converts $2,926/mo rent into $1,620/mo cash flow after a $957/mo obligation. Total monthly income equals $2,926/mo, and annual cash flow totals $19,442/yr on $64,841 invested. Return on cash invested prints 49.89% in year one, and rental yield reads 17.95% against a $195,600 entry. Equity gained on principal adds $1,262/yr, while 5% annual appreciation compiles into $54,041 by year five. Five-year ROI reaches 264.32% and total cumulative return in cash sums $171,390. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,926/mo property income covering a $957/mo payment, not borrower’s personal income.
Single Family
Built in 1872
1.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14738, Frewsburg, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,855 (100%) |
| Owner Occupied HU | 1,259 (67.9%) |
| Renter Occupied HU | 291 (15.7%) |
| Vacant Housing Units | 305 (16.4%) |
| Median Home Value | $197,243 |
| Average Home Value | $288,050 |
Housing Distribution
Address Breakdown
Residential
1,252
Single Family
1,196
Multi-Family
56
Businesses
97
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