7181 Ridge RdCassadagaNY14718
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.23% yield at 7181 Ridge Rd, Cassadaga, NY, 14718 in Cassadaga is solid, but the $1,349/mo payment compresses net cash flow to $55/mo at $299,900. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $82,857 by year five, and $2,762/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.53) without U.S. income documentation. Total projected return: $117,943.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.2% |
| Monthly Cash Flow | $55 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,058 |
| Total Monthly Debt Service | $1,883 |
| DSCR Ratio | 1.09x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1992
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14718, Cassadaga, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,040 (100%) |
| Owner Occupied HU | 655 (63.0%) |
| Renter Occupied HU | 122 (11.7%) |
| Vacant Housing Units | 263 (25.3%) |
| Median Home Value | $173,302 |
| Average Home Value | $217,263 |
Housing Distribution
Address Breakdown
Residential
706
Single Family
704
Multi-Family
2
Businesses
65
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
Single Family
Built in 1992
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14718, Cassadaga, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,040 (100%) |
| Owner Occupied HU | 655 (63.0%) |
| Renter Occupied HU | 122 (11.7%) |
| Vacant Housing Units | 263 (25.3%) |
| Median Home Value | $173,302 |
| Average Home Value | $217,263 |
Housing Distribution
Address Breakdown
Residential
706
Single Family
704
Multi-Family
2
Businesses
65
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices