9675 Lafever Rd · Cuba, NY 14727

$99,900

2 bd · 1.0 ba · 814 sqft · SingleFamily public records · 25 Days on market

Built 1980 3.30 ac lot

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Why this score? — see what drove the C grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +18.4/30.0
• Appreciation +8.6/10.0
• ARV discount +7.5/15.0
• DSCR +5.8/10.0
• Schools +5.5/10.0
• 1% rule +5.2/10.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Surrounded by woods in a quiet cabin community just outside the village of Cuba, this charming pondside retreat offers a peaceful setting where weekends slow down and the outdoors becomes part of everyday life. Set on approximately 3.3 acres and positioned along the edge of a private pond, the property provides the kind of setting that draws people to the countryside in the first place. The cabin itself offers roughly 814 square feet according to public records, though the space feels slightly larger thanks to the open layout and large windows that look directly out toward the water. Inside you’ll find a comfortable living area centered around a propane stove that provides heat and creates a warm gathering space during cooler months. Natural wood tones throughout the cabin give the interior a classic camp feel that fits perfectly with the wooded surroundings. Large windows along the front of the cabin overlook the pond, allowing natural light to fill the living space while bringing the outside landscape directly into view. Just outside, a porch area provides a relaxing place to sit and enjoy the water and surrounding woods. The pond itself sits entirely on the property and measures roughly a quarter acre in size. It has been enjoyed for fishing, kayaking, swimming, and small boats. Beyond the main cabin, a detached shed provides storage for tools and outdoor equipment and also includes a rustic bunkhouse-style sleeping space for additional guests. The property also features a separate water and electric hookup for an RV, offering extra flexibility for visitors or extended stays. With a private pond, wooded surroundings, and multiple spaces designed for gathering outdoors, this Cuba area property offers a classic Western New York cabin retreat where friends, family, and nature all come together.

Key facts

• Wooded surroundings
• Porch area
• Private pond

Tags

• PRIVATE POND
• WOODED SURROUNDINGS
• PORCH AREA
• DETACHED SHED
• BUNKHOUSE SLEEPING SPACE
• WATER AND ELECTRIC HOOKUP

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $100k.

Deal economics

• At list price, monthly cash flow is $94 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $100k).
• Recommended offer: $98k (1.5% below list) — sets the bar for market timing.
• Cap rate 7.4% vs local median 3.1% in Cuba — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 73/100 on livability (#309 in NY) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A; Watch: employment D, amenities F, commute F.
• Portville Central School District (rural): math 63% / reading 65% proficiency, ranked #190 of 590 in NY (top 32%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 43 active listings in the ZIP; 87 units permitted in Allegany County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $8k of equity ($691 loan paydown + $7k appreciation (7.2% local appreciation)).
• Allegany County population projected at -26% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (7.2% appreciation + 3.0% rent growth), your $28k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 5, paydown + projected appreciation supports a ~$35k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 25 days — a 2% lower offer ($98k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $23k; list at $100k implies a 334% gain — meaningful room to come down on a strong offer.

Recommended offer $98,401 (1.5% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
3. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
4. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
5. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.02% ✓
• Cap rate: 7.42%
• Cash-on-cash: 4.03%
• DSCR: 1.18
• GRM: 8.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

7.17% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 21.3%
• Equity multiple: 2.50×
• Total profit: $41,925
• Equity at exit: $70,331

10-year hold

• IRR: 19.9%
• Equity multiple: 5.20×
• Total profit: $117,347
• Equity at exit: $134,608

Cash invested: $27,972 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 15 Strongly Tenant-Friendly
• State New York: 15 Strongly Tenant-Friendly · D+10
• County: — inherits STATE
• City: — inherits STATE

NYC rent stabilization (~1M units); 2019 HSTPA strengthened tenant rights; courts deeply backlogged.

Methodology + full state rankings →

ZIP-level market 14727

• Home prices YoY: 2.5%
• Active inventory: 43
• Price-to-rent: 8.2×

Monthly cashflow live

• Estimated rent: $1,016 medium
• Mortgage (P&I): −$524
• Tax from tax record: −$143 /mo · $1,716/yr
• Insurance: −$42
• HOA: −$0
• Vacancy / Maint / Mgmt: −$213
• Net cashflow: $94

Break-even live

Break-even rent $897

Max offer price $99,900

Occupancy floor 86%

Sensitivity live

Price	-10% $150	-5% $122	+0% $94	+5% $66	+10% $37
Rent	-10% $14	-5% $54	+0% $94	+5% $134	+10% $174
Rate	-1.0pp $144	-0.5pp $119	base $94	+0.5pp $68	+1.0pp $42

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $24,975
• Closing costs: $2,997
• Reserves months: —
• Total cash needed: —

Listing history 3 events

1. 2026-05-04
   status Pending 1831-char remark

   Show marketing remark (1831 chars)

   Surrounded by woods in a quiet cabin community just outside the village of Cuba, this charming pondside retreat offers a peaceful setting where weekends slow down and the outdoors becomes part of everyday life. Set on approximately 3.3 acres and positioned along the edge of a private pond, the property provides the kind of setting that draws people to the countryside in the first place. The cabin itself offers roughly 814 square feet according to public records, though the space feels slightly larger thanks to the open layout and large windows that look directly out toward the water. Inside you’ll find a comfortable living area centered around a propane stove that provides heat and creates a warm gathering space during cooler months. Natural wood tones throughout the cabin give the interior a classic camp feel that fits perfectly with the wooded surroundings. Large windows along the front of the cabin overlook the pond, allowing natural light to fill the living space while bringing the outside landscape directly into view. Just outside, a porch area provides a relaxing place to sit and enjoy the water and surrounding woods. The pond itself sits entirely on the property and measures roughly a quarter acre in size. It has been enjoyed for fishing, kayaking, swimming, and small boats. Beyond the main cabin, a detached shed provides storage for tools and outdoor equipment and also includes a rustic bunkhouse-style sleeping space for additional guests. The property also features a separate water and electric hookup for an RV, offering extra flexibility for visitors or extended stays. With a private pond, wooded surroundings, and multiple spaces designed for gathering outdoors, this Cuba area property offers a classic Western New York cabin retreat where friends, family, and nature all come together.

2. 2026-04-08
   listed $99,900 Active 1831-char remark

   Show marketing remark (1831 chars)

   Surrounded by woods in a quiet cabin community just outside the village of Cuba, this charming pondside retreat offers a peaceful setting where weekends slow down and the outdoors becomes part of everyday life. Set on approximately 3.3 acres and positioned along the edge of a private pond, the property provides the kind of setting that draws people to the countryside in the first place. The cabin itself offers roughly 814 square feet according to public records, though the space feels slightly larger thanks to the open layout and large windows that look directly out toward the water. Inside you’ll find a comfortable living area centered around a propane stove that provides heat and creates a warm gathering space during cooler months. Natural wood tones throughout the cabin give the interior a classic camp feel that fits perfectly with the wooded surroundings. Large windows along the front of the cabin overlook the pond, allowing natural light to fill the living space while bringing the outside landscape directly into view. Just outside, a porch area provides a relaxing place to sit and enjoy the water and surrounding woods. The pond itself sits entirely on the property and measures roughly a quarter acre in size. It has been enjoyed for fishing, kayaking, swimming, and small boats. Beyond the main cabin, a detached shed provides storage for tools and outdoor equipment and also includes a rustic bunkhouse-style sleeping space for additional guests. The property also features a separate water and electric hookup for an RV, offering extra flexibility for visitors or extended stays. With a private pond, wooded surroundings, and multiple spaces designed for gathering outdoors, this Cuba area property offers a classic Western New York cabin retreat where friends, family, and nature all come together.

3. 2004-02-17
   soldstatus $23,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast NY · Partial reset (capped growth)

• Current annual tax: $1,716 · $143/mo
• Projected year-2 tax: $1,716 · $143/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone D · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 1/10 Low 6 d/yr ≥89°F today · 13 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,188
• − Mortgage interest: −$5,596
• − Property taxes: −$1,716
• − Insurance: −$500
• − Repairs & maintenance: −$975
• − Management: −$975
• − Depreciation: −$2,906
• Taxable loss: −$480
• Est. tax savings @ 24.0%: +$115
• After-tax cash flow: $1,241/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Portville Central School District
• NCES district ID: 3623640
• Math proficiency: 63% ▲ 1.00%
• Reading proficiency: 65% ▲ 5.00%
• Median HH income: $52,207
• Composite: 54.6/100
• National rank: #1337
• State rank: #190 of 590 in NY

Livability — Cuba

• Score: 73/100
• State rank: #309
• US rank: #5131

Category grades

Amenities F Commute F Cost of living A+ Crime A- Employment D Housing A+ Health & safety A User ratings B+

Schools grade is shown separately in the Schools card above.

Census & demographics

• City population: 322
• Population (ZIP): 5,039

Population outlook (Allegany County) Hauer SSP2

• Today (2025): 45,362 people
• By 2030: 43,078 · -5.0%
• By 2040: 38,031 · -16.2%
• By 2050: 33,634 · -25.9%
• By 2075: 25,285 · -44.3%
• By 2100: 18,902 · -58.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (95%)
• Race & ethnicity: White 95% Two or more races 2% Hispanic / Latino 2% Asian 1%
• Common ancestry: Romanian 5% Iranian 3% Polish 2%
• Foreign-born: 2% · Canada
• Languages at home: 97% English-only · German/W. Germanic 2% Spanish 1%

Political lean MEDSL · Allegany

• 2024 margin: Solid R (+43.2) · D 28.4% · R 71.6%
• 2008→2024 swing: -21.5pp toward R · 2008: -21.7pp · 2024: -43.2pp
• All cycles: 2024: R+43.2 2020: R+38.9 2016: R+42.3 2012: R+25.3 2008: R+21.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 7.17%
• Current HPI: 298.31
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 2.60%
• F500 in state: 92

Industry mix (Fortune 500 HQ in NY)

Industry	F500 HQs	Revenue
▸Financial Services	10	$950B
▸Consumer Goods	9	$162B
▸Insurance	4	$225B
▸Telecommunications	2	$144B
▸Pharmaceuticals	2	$112B
▸Media / Entertainment	2	$69B

Price history

+334.3% since first listed

3 events — show timeline

• 2026-05-04 Pending — UNYREIS
• 2026-04-08 Listed $99,900 UNYREIS
• 2004-02-17 Sold (Public Records) $23,000 Public Records

Property tax history

+1.4%/yr

Latest (2025): $1,716 · +3.0% YoY. Source: county tax records.