90 Prospect AveSpringvilleNY14141
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 Springville at 90 Prospect Ave, Springville, NY, 14141 priced at $349,500 converts $3,904/mo rent into $1,570/mo cash flow after a $1,711/mo obligation. Total monthly income equals $3,904/mo, and annual cash flow totals $18,837/yr on $115,859 invested. Return on cash invested prints 36.17% in year one, and rental yield reads 13.4% against a $349,500 entry. Equity gained on principal adds $2,255/yr, while 5% annual appreciation compiles into $96,560 by year five. Five-year ROI reaches 190.67% and total cumulative return in cash sums $220,909. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,904/mo property income covering a $1,711/mo payment, not borrower’s personal income.
Single Family
Built in 1876
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14141, Springville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,531 (100%) |
| Owner Occupied HU | 2,273 (64.4%) |
| Renter Occupied HU | 975 (27.6%) |
| Vacant Housing Units | 283 ( 8.0%) |
| Median Home Value | $269,822 |
| Average Home Value | $393,226 |
Housing Distribution
Address Breakdown
Residential
3,208
Single Family
2,884
Multi-Family
324
Businesses
323
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Listed by: Lori A Davie • Metro Kirsch Real Estate, Inc.
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1544724
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