7420 Davison RdCherry CreekNY14723
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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 Cherry Creek at 7420 Davison Rd, Cherry Creek, NY, 14723 generates $2,266/mo in rent, after a $2,447/mo payment. Total monthly income is $2,266/mo. Return on cash invested sits at 12.14% in year one, and rental yield is 5.44% on a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 61.83% and total cumulative return in cash sums $102,468. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,266/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
68.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14723, Cherry Creek, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 601 (100%) |
| Owner Occupied HU | 370 (61.6%) |
| Renter Occupied HU | 98 (16.3%) |
| Vacant Housing Units | 133 (22.1%) |
| Median Home Value | $153,750 |
| Average Home Value | $156,277 |
Housing Distribution
Address Breakdown
Residential
451
Single Family
451
Multi-Family
0
Businesses
35
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Listed by: James Klossner • Whitetail Properties Real Estate LLC
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1567272
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