7870 N Main StSpringwaterNY14560
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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 Springwater at 7870 N Main St, Springwater, NY, 14560 generates $0/mo in rent, after a $538/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -4.27% in year one, and rental yield is 0% on a $109,900 entry. Equity gained on principal adds $709/yr, while 5% annual appreciation builds toward $30,363 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.25 Acres 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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No similar rental properties found nearby.
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Listed by: Matthew J. Horne • Wine Country Real Estate of NY
Mls Name: NYSAMLSs
Mls ID: #R1641192