100 Palm StLackawannaNY14218
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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 Lackawanna at 100 Palm St, Lackawanna, NY, 14218 generates $1,719/mo in rent and, after a $1,174/mo payment, leaves $117/mo in cash flow. Total monthly income is $1,719/mo, and annual cash flow is $1,406/yr on $79,527 invested. Return on cash invested sits at 21.68% in year one, and rental yield is 8.6% on a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 113.01% and total cumulative return in cash sums $89,875. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,719/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
4,399 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14218, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,985 (100%) |
| Owner Occupied HU | 4,770 (47.8%) |
| Renter Occupied HU | 4,322 (43.3%) |
| Vacant Housing Units | 893 ( 8.9%) |
| Median Home Value | $172,099 |
| Average Home Value | $247,349 |
Housing Distribution
Address Breakdown
Residential
8,218
Single Family
7,214
Multi-Family
1,004
Businesses
438
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Listed by: Andrew M Pietrantoni • Prestige Family Realty
Mls Name: NYSAMLSs
Mls ID: #B1654745