827 Jackson Creek RdErinNY14838
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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 Erin at 827 Jackson Creek Rd, Erin, NY, 14838 priced at $279,900 converts $1,870/mo rent into $1/mo cash flow after a $1,370/mo obligation. Total monthly income equals $1,870/mo, and annual cash flow totals $10/yr on $92,787 invested. Return on cash invested prints 19.92% in year one, and rental yield reads 8.02% against a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation compiles into $77,331 by year five. Five-year ROI reaches 103.53% and total cumulative return in cash sums $96,061. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,870/mo property income covering a $1,370/mo payment, not borrower’s personal income.
Single Family
Built in 1990
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14838, Erin, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 806 (100%) |
| Owner Occupied HU | 652 (80.9%) |
| Renter Occupied HU | 69 ( 8.6%) |
| Vacant Housing Units | 85 (10.5%) |
| Median Home Value | $167,750 |
| Average Home Value | $209,632 |
Housing Distribution
Address Breakdown
Residential
749
Single Family
749
Multi-Family
0
Businesses
11
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