83 Pratt AveChautauquaNY14722
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 Chautauqua at 83 Pratt Ave, Chautauqua, NY, 14722 generates $3,541/mo in rent, after a $6,240/mo payment. Total monthly income is $3,541/mo. Return on cash invested sits at 5.92% in year one, and rental yield is 3.33% on a $1,275,000 entry. Equity gained on principal adds $8,227/yr, while 5% annual appreciation builds toward $352,259 over five years. Five-year ROI reaches 28.41% and total cumulative return in cash sums $117,374. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,541/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14722, Chautauqua, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,203 (100%) |
| Owner Occupied HU | 90 ( 7.5%) |
| Renter Occupied HU | 14 ( 1.2%) |
| Vacant Housing Units | 1,099 (91.4%) |
| Median Home Value | $815,574 |
| Average Home Value | $756,111 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
65
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rachel Willow • Howard Hanna Holt - Mayville
Mls Name: NYSAMLSs
Mls ID: #R1614040