77 Mill StSpringvilleNY14141
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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 Springville at 77 Mill St, Springville, NY, 14141 generates $2,573/mo in rent and, after a $714/mo payment, leaves $1,599/mo in cash flow. Total monthly income is $2,573/mo, and annual cash flow is $19,186/yr on $48,366 invested. Return on cash invested sits at 59.58% in year one, and rental yield is 21.16% on a $145,900 entry. Equity gained on principal adds $941/yr, while 5% annual appreciation builds toward $40,309 over five years. Five-year ROI reaches 316.22% and total cumulative return in cash sums $152,943. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,573/mo property income rather than buyer’s personal income.
Single Family
Built in 1881
0.80 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: Theodore S Smith II • WNY Metro Roberts Realty
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #B1609771
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