851 Mill RdJamestownNY14701
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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 Jamestown at 851 Mill Rd, Jamestown, NY, 14701 generates $1,169/mo in rent and, after a $734/mo payment, leaves $168/mo in cash flow. Total monthly income is $1,169/mo, and annual cash flow is $2,010/yr on $49,725 invested. Return on cash invested sits at 23.95% in year one, and rental yield is 9.35% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 125.19% and total cumulative return in cash sums $62,250. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,169/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14701, Jamestown, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,245 (100%) |
| Owner Occupied HU | 9,270 (48.2%) |
| Renter Occupied HU | 7,532 (39.1%) |
| Vacant Housing Units | 2,443 (12.7%) |
| Median Home Value | $116,171 |
| Average Home Value | $172,681 |
Housing Distribution
Address Breakdown
Residential
16,600
Single Family
15,235
Multi-Family
1,365
Businesses
1,189
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Listed by: Tara Walrod • Walrod Realty
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1596266
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