741-745 Oliverea RoadOlivereaNY12410
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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 Oliverea at 741-745 Oliverea Road, Oliverea, NY, 12410 uses $212,205 cash to close to unlock $7,293/yr annual cash flow and $608/mo monthly cash flow. Total monthly income runs $4,915/mo, and a $3,157/mo payment keeps the spread at $608/mo. Purchase price stands at $645,000, and rental yield measures 9.14% with $4,915/mo rent. Return on cash invested shows 23.5% in year one, and 5% annual appreciation builds toward $178,202 over five years. Five-year ROI reaches 122.69% and total cumulative return in cash records $260,356. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,915/mo property income covering a $3,157/mo payment rather than investor’s personal income.
Single Family
Built in 1875
10.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12410, Big Indian, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 405 (100%) |
| Owner Occupied HU | 159 (39.3%) |
| Renter Occupied HU | 51 (12.6%) |
| Vacant Housing Units | 195 (48.1%) |
| Median Home Value | $436,486 |
| Average Home Value | $449,277 |
Housing Distribution
Address Breakdown
Residential
142
Single Family
142
Multi-Family
0
Businesses
16
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