81 Woods RdEllicottvilleNY14731
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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 Ellicottville at 81 Woods Rd, Ellicottville, NY, 14731 listed at $500,000 pairs $5,138/mo rent with a $2,447/mo payment to leave $1,799/mo cash flow. Total monthly income runs $5,138/mo, and annual cash flow reaches $21,592/yr on $165,750 cash to close. Return on cash invested measures 32.94% in year one, and rental yield registers 12.33% at a $500,000 basis. Equity gained on principal adds $3,226/yr, and annual property appreciation at 5% supports $138,141 by year five. Five-year ROI tracks 173.35% and total cumulative return in cash totals $287,336. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,138/mo property income relative to a $2,447/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2007
1,215 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14731, Ellicottville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,479 (100%) |
| Owner Occupied HU | 481 (19.4%) |
| Renter Occupied HU | 153 ( 6.2%) |
| Vacant Housing Units | 1,845 (74.4%) |
| Median Home Value | $298,684 |
| Average Home Value | $336,845 |
Housing Distribution
Address Breakdown
Residential
500
Single Family
405
Multi-Family
95
Businesses
163
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Listed by: Cathleen L Pritchard • ERA Team VP Real Estate
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #B1562547