8294 Swamp RdCattaraugusNY14719
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 8294 Swamp Rd, Cattaraugus, NY, 14719 in Cattaraugus worth modelling. At $170,000 with a 9.19% gross yield, the $1,302/mo rent leaves $167/mo after the $764/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.70 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $46,968 by year five; $1,566/yr in principal reduction adds further equity. Total projected return: $75,600.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.2% |
| Monthly Cash Flow | $167 | $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 | $1,302 |
| Total Monthly Debt Service | $1,068 |
| DSCR Ratio | 1.22x |
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.
Manufactured
Built in 2003
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14719, Cattaraugus, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,747 (100%) |
| Owner Occupied HU | 1,179 (67.5%) |
| Renter Occupied HU | 220 (12.6%) |
| Vacant Housing Units | 348 (19.9%) |
| Median Home Value | $127,833 |
| Average Home Value | $175,691 |
Housing Distribution
Address Breakdown
Residential
1,387
Single Family
1,363
Multi-Family
24
Businesses
55
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
Manufactured
Built in 2003
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14719, Cattaraugus, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,747 (100%) |
| Owner Occupied HU | 1,179 (67.5%) |
| Renter Occupied HU | 220 (12.6%) |
| Vacant Housing Units | 348 (19.9%) |
| Median Home Value | $127,833 |
| Average Home Value | $175,691 |
Housing Distribution
Address Breakdown
Residential
1,387
Single Family
1,363
Multi-Family
24
Businesses
55
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Samantha Davis • Keller Williams Realty WNY
Mls Name: NYSAMLSs
Mls ID: #B1658083