10985 Gowanda State RdNorth CollinsNY14111
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew North Collins rentals match the income profile of 10985 Gowanda State Rd, North Collins, NY, 14111. Listed at $389,900, gross rent is $3,397/mo and net cash flow is $794/mo, a 10.46% yield well above national averages. DSCR 1.84 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $107,722 by year five with $3,269/yr in annual principal reduction, projecting $192,417 in total cumulative return.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 6.2% |
| Monthly Cash Flow | $794 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,397 |
| Total Monthly Debt Service | $2,544 |
| DSCR Ratio | 1.34x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2001
3.61 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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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
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Listed by: N/A • N/A
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #B1712109
