73 Fairbanks RdChurchvilleNY14428
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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
Investment Highlights
Investment property for sale in Churchville at 73 Fairbanks Rd, Churchville, NY, 14428 offers a 9.1% rental yield on a $189,900 purchase with $1,440/mo rent. Total monthly income registers $1,440/mo, and a $929/mo payment leaves $172/mo available for distribution. Annual cash flow reaches $2,068/yr on $62,952 to close, and return on cash invested stands at 23.19% in year one. Equity gained on principal adds $1,225/yr while 5% annual appreciation supports $52,466 over five years. Portfolio math shows five-year ROI at 121.15% and total cumulative return in cash at $76,265. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,440/mo property income against a $929/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14428, Churchville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,767 (100%) |
| Owner Occupied HU | 2,802 (74.4%) |
| Renter Occupied HU | 792 (21.0%) |
| Vacant Housing Units | 173 ( 4.6%) |
| Median Home Value | $257,576 |
| Average Home Value | $285,938 |
Housing Distribution
Address Breakdown
Residential
3,513
Single Family
3,393
Multi-Family
120
Businesses
97
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Listed by: Janet L. Campbell • Hunt Real Estate ERA/Columbus
Mls Name: NYSAMLSs
Mls ID: #R1652235