10516 Railroad AveNorth CollinsNY14111
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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 North Collins at 10516 Railroad Ave, North Collins, NY, 14111 generates $1,174/mo in rent and, after a $538/mo payment, leaves $440/mo in cash flow. Total monthly income is $1,174/mo, and annual cash flow is $5,280/yr on $36,432 invested. Return on cash invested sits at 34.4% in year one, and rental yield is 12.82% on a $109,900 entry. Equity gained on principal adds $709/yr, while 5% annual appreciation builds toward $30,363 over five years. Five-year ROI reaches 181.37% and total cumulative return in cash sums $66,076. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,174/mo property income rather than buyer’s personal income.
Multi Family
Built in 1925
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14111, North Collins, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,393 (100%) |
| Owner Occupied HU | 979 (70.3%) |
| Renter Occupied HU | 272 (19.5%) |
| Vacant Housing Units | 142 (10.2%) |
| Median Home Value | $260,254 |
| Average Home Value | $297,265 |
Housing Distribution
Address Breakdown
Residential
1,063
Single Family
1,039
Multi-Family
24
Businesses
87
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Listed by: Tracey Ritts • WNY Metro Roberts Realty
Mls Name: NYSAMLSs
Mls ID: #B1657412