11583 Gowanda State RdNorth 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
Investment property for sale in North collins at 11583 Gowanda State Rd, North collins, NY, 14111 earns $313/mo cash flow from $1,882/mo rent with a $1,150/mo payment. Total monthly income totals $1,882/mo, and annual cash flow totals $3,757/yr on $77,869 capital. ROI tracks 24.73% on current figures, and rental yield reads 9.61% at a $234,900 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,899 over five years. Five-year ROI reaches 129.43% and total cumulative return in cash sums $100,785. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,882/mo property income instead of your personal income.
Single Family
Built in 1954
0.74 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: Josephine R Chiazzese • Howard Hanna WNY Inc.
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #B1619063
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