7317 & 7319 Concord RdSpringvilleNY14141
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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 Springville at 7317 & 7319 Concord Rd, Springville, NY, 14141 offers a 0.6% rental yield on a $1,799,000 purchase with $900/mo rent. 51% in year one. Equity gained on principal adds $11,609/yr while 5% annual appreciation supports $497,031 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $900/mo property income against a $8,805/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
160 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14141, Springville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,531 (100%) |
| Owner Occupied HU | 2,273 (64.4%) |
| Renter Occupied HU | 975 (27.6%) |
| Vacant Housing Units | 283 ( 8.0%) |
| Median Home Value | $269,822 |
| Average Home Value | $393,226 |
Housing Distribution
Address Breakdown
Residential
3,208
Single Family
2,884
Multi-Family
324
Businesses
323
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Listed by: Jerrold R Thompson II • Century 21 North East
Mls Name: NYSAMLSs
Mls ID: #B1608650