116 Clair AveNorth TonawandaNY14120
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Tonawanda at 116 Clair Ave, North Tonawanda, NY, 14120 listed at $379,900 pairs $4,033/mo rent with a $1,859/mo payment to leave $1,497/mo cash flow. Total monthly income runs $4,033/mo, and annual cash flow reaches $17,958/yr on $125,937 cash to close. Return on cash invested measures 34.17% in year one, and rental yield registers 12.74% at a $379,900 basis. Equity gained on principal adds $2,451/yr, and annual property appreciation at 5% supports $104,959 by year five. Five-year ROI tracks 179.95% and total cumulative return in cash totals $226,625. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,033/mo property income relative to a $1,859/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1946
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14120, North Tonawanda, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,283 (100%) |
| Owner Occupied HU | 13,988 (65.7%) |
| Renter Occupied HU | 5,827 (27.4%) |
| Vacant Housing Units | 1,468 ( 6.9%) |
| Median Home Value | $234,436 |
| Average Home Value | $303,156 |
Housing Distribution
Address Breakdown
Residential
19,365
Single Family
17,647
Multi-Family
1,718
Businesses
919
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Samantha E Muscato • Iconic Real Estate
Mls Name: NYSAMLSs
Mls ID: #B1636359