8296 N Otto RdCattaraugusNY14719
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
Investment property for sale in Cattaraugus at 8296 N Otto Rd, Cattaraugus, NY, 14719 offers a 7.22% rental yield on a $286,000 purchase with $1,720/mo rent. 5% in year one. Equity gained on principal adds $1,846/yr while 5% annual appreciation supports $79,017 over five years. Portfolio math shows five-year ROI at 90.58% and total cumulative return in cash at $85,880. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,720/mo property income against a $1,400/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
2 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: N/A • N/A
Mls Name: undefined
Mls ID: #N/A