9915 State Route 53PrattsburghNY14873
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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 Prattsburgh at 9915 State Route 53, Prattsburgh, NY, 14873 generates $1,707/mo in rent and, after a $1,199/mo payment, leaves $71/mo in cash flow. Total monthly income is $1,707/mo, and annual cash flow is $853/yr on $81,218 invested. Return on cash invested sits at 20.96% in year one, and rental yield is 8.36% on a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 109.19% and total cumulative return in cash sums $88,680. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,707/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
8.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14873, Prattsburgh, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,491 (100%) |
| Owner Occupied HU | 845 (56.7%) |
| Renter Occupied HU | 144 ( 9.7%) |
| Vacant Housing Units | 502 (33.7%) |
| Median Home Value | $165,720 |
| Average Home Value | $233,015 |
Housing Distribution
Address Breakdown
Residential
969
Single Family
969
Multi-Family
0
Businesses
26
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Listed by: Nicole L. Dye • Howard Hanna Corning Denison
Mls Name: NYSAMLSs
Mls ID: #R1643607