78 South AveShortsvilleNY14504
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 78 South Ave, Shortsville, NY, 14504 in Shortsville: $2,296/mo in rent, $760/mo net, 11.98% gross yield, all on a $229,900 acquisition. The 2.22 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $63,517 in value, and $2,117/yr in principal paydown steadily builds equity. Projected total cumulative return: $136,669.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 12% | 6.2% |
| Monthly Cash Flow | $760 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,296 |
| Total Monthly Debt Service | $1,444 |
| DSCR Ratio | 1.59x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1988
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14504, Manchester, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 834 (100%) |
| Owner Occupied HU | 583 (69.9%) |
| Renter Occupied HU | 194 (23.3%) |
| Vacant Housing Units | 57 ( 6.8%) |
| Median Home Value | $109,743 |
| Average Home Value | $126,587 |
Housing Distribution
Address Breakdown
Residential
710
Single Family
507
Multi-Family
203
Businesses
39
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1988
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14504, Manchester, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 834 (100%) |
| Owner Occupied HU | 583 (69.9%) |
| Renter Occupied HU | 194 (23.3%) |
| Vacant Housing Units | 57 ( 6.8%) |
| Median Home Value | $109,743 |
| Average Home Value | $126,587 |
Housing Distribution
Address Breakdown
Residential
710
Single Family
507
Multi-Family
203
Businesses
39
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chad J. Loblaw • Brix & Maven Realty Group LLC
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1652749