68 Maple AveFredoniaNY14063
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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 Fredonia at 68 Maple Ave, Fredonia, NY, 14063 uses $70,875 cash to close to unlock $16,713/yr annual cash flow and $1,393/mo monthly cash flow. Total monthly income runs $2,820/mo, and a $1,046/mo payment keeps the spread at $1,393/mo. Purchase price stands at $213,800, and rental yield measures 15.83% with $2,820/mo rent. Return on cash invested shows 43.49% in year one, and 5% annual appreciation builds toward $59,069 over five years. Five-year ROI reaches 229.96% and total cumulative return in cash records $162,981. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,820/mo property income covering a $1,046/mo payment rather than investor’s personal income.
Single Family
Built in 1902
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14063, Fredonia, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,945 (100%) |
| Owner Occupied HU | 3,146 (52.9%) |
| Renter Occupied HU | 1,837 (30.9%) |
| Vacant Housing Units | 962 (16.2%) |
| Median Home Value | $208,679 |
| Average Home Value | $260,037 |
Housing Distribution
Address Breakdown
Residential
5,067
Single Family
4,816
Multi-Family
251
Businesses
407
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