70 Chestnut StWellsvilleNY14895
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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 Wellsville at 70 Chestnut St, Wellsville, NY, 14895 priced at $175,000 pairs $1,359/mo rent with $190/mo cash flow after a $857/mo payment. Total monthly income equals $1,359/mo, and annual cash flow comes to $2,279/yr on $58,013 invested. Return on cash invested is 23.84% in year one, and rental yield stands at 9.32% on a $175,000 basis. Equity gained on principal adds $1,129/yr, and 5% annual appreciation accumulates to $48,349 by year five. Five-year ROI measures 124.56% and total cumulative return in cash reaches $72,259. For financing, Ziffy Mortgage’s DSCR program evaluates $1,359/mo property income against a $857/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14895, Wellsville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,667 (100%) |
| Owner Occupied HU | 2,717 (58.2%) |
| Renter Occupied HU | 1,291 (27.7%) |
| Vacant Housing Units | 659 (14.1%) |
| Median Home Value | $105,381 |
| Average Home Value | $157,807 |
Housing Distribution
Address Breakdown
Residential
4,173
Single Family
3,966
Multi-Family
207
Businesses
400
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Listed by: Nada H. Grastorf • RE/MAX Hometown Choice
Mls Name: NYSAMLSs
Mls ID: #R1650647