7524 East AveSpringwaterNY14560
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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 Springwater at 7524 East Ave, Springwater, NY, 14560 offers a 24.16% rental yield on a $119,900 purchase with $2,414/mo rent. Total monthly income registers $2,414/mo, and a $587/mo payment leaves $1,613/mo available for distribution. Annual cash flow reaches $19,358/yr on $39,747 to close, and return on cash invested stands at 68.61% in year one. Equity gained on principal adds $774/yr while 5% annual appreciation supports $33,126 over five years. Portfolio math shows five-year ROI at 364.74% and total cumulative return in cash at $144,972. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,414/mo property income against a $587/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
10,423 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14560, Springwater, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,133 (100%) |
| Owner Occupied HU | 797 (70.3%) |
| Renter Occupied HU | 130 (11.5%) |
| Vacant Housing Units | 206 (18.2%) |
| Median Home Value | $201,278 |
| Average Home Value | $231,010 |
Housing Distribution
Address Breakdown
Residential
880
Single Family
880
Multi-Family
0
Businesses
29
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Listed by: Justine R. Fox • Empire Realty Group
Mls Name: NYSAMLSs
Mls ID: #R1631558