7998 Dutch StMount MorrisNY14510
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
Investment Highlights
Rental property for sale in Mount Morris at 7998 Dutch St, Mount Morris, NY, 14510 generates $1,140/mo in rent and, after a $611/mo payment, leaves $306/mo in cash flow. Total monthly income is $1,140/mo, and annual cash flow is $3,675/yr on $41,404 invested. Return on cash invested sits at 28.79% in year one, and rental yield is 10.95% on a $124,900 entry. Equity gained on principal adds $806/yr, while 5% annual appreciation builds toward $34,508 over five years. Five-year ROI reaches 151.17% and total cumulative return in cash sums $62,590. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,140/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14510, Mount Morris, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,250 (100%) |
| Owner Occupied HU | 1,289 (57.3%) |
| Renter Occupied HU | 699 (31.1%) |
| Vacant Housing Units | 262 (11.6%) |
| Median Home Value | $116,771 |
| Average Home Value | $200,803 |
Housing Distribution
Address Breakdown
Residential
1,985
Single Family
1,941
Multi-Family
44
Businesses
187
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ilene Rosemary Benfer • Small City Realty WNY LLC
Mls Name: NYSAMLSs
Mls ID: #R1658241