726 Schultz RdElmaNY14059
Nearby investment properties with comparable rents
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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 Elma at 726 Schultz Rd, Elma, NY, 14059 offers $3,102/mo rent that, after a $1,713/mo payment, leaves $765/mo cash flow. Total monthly income is $3,102/mo, and annual cash flow is $9,178/yr on $116,025 cash. Return on cash invested measures 27.82% in year one, and rental yield stands at 10.64% at a $350,000 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,699 by year five. Five-year ROI records 145.9% and total cumulative return in cash reaches $169,286. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,102/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14059, Elma, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,097 (100%) |
| Owner Occupied HU | 3,420 (83.5%) |
| Renter Occupied HU | 469 (11.4%) |
| Vacant Housing Units | 208 ( 5.1%) |
| Median Home Value | $408,712 |
| Average Home Value | $462,518 |
Housing Distribution
Address Breakdown
Residential
3,883
Single Family
3,763
Multi-Family
120
Businesses
338
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