69 Erwin StPainted PostNY14870
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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 Painted Post at 69 Erwin St, Painted Post, NY, 14870 at $259,000 posts ROI 25.08% with $370/mo cash flow from $2,100/mo rent. Total monthly income equals $2,100/mo, and annual cash flow records $4,441/yr on $85,859 to close. Return on cash invested measures 25.08% and rental yield reads 9.73% at the current $259,000. Equity gained on principal adds $1,671/yr, and 5% annual appreciation supports $71,557 by year five. Five-year ROI prints 131.29% and total cumulative return in cash totals $112,720.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,100/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1986
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14870, Painted Post, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,532 (100%) |
| Owner Occupied HU | 2,868 (63.3%) |
| Renter Occupied HU | 1,264 (27.9%) |
| Vacant Housing Units | 400 ( 8.8%) |
| Median Home Value | $220,128 |
| Average Home Value | $236,334 |
Housing Distribution
Address Breakdown
Residential
4,467
Single Family
4,204
Multi-Family
263
Businesses
247
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Listed by: Nichol Clark • Howard Hanna Horseheads
Mls Name: NYSAMLSs
Mls ID: #R1623193