117 Floradale AveTonawandaNY14150
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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 Tonawanda at 117 Floradale Ave, Tonawanda, NY, 14150 listed at $180,000 pairs $1,431/mo rent with a $881/mo payment to leave $229/mo cash flow. Total monthly income runs $1,431/mo, and annual cash flow reaches $2,748/yr on $59,670 cash to close. Return on cash invested measures 24.51% in year one, and rental yield registers 9.54% at a $180,000 basis. Equity gained on principal adds $1,162/yr, and annual property appreciation at 5% supports $49,731 by year five. Five-year ROI tracks 128.17% and total cumulative return in cash totals $76,481. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,431/mo property income relative to a $881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1957
5,279 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14150, Tonawanda, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,083 (100%) |
| Owner Occupied HU | 13,568 (67.6%) |
| Renter Occupied HU | 5,424 (27.0%) |
| Vacant Housing Units | 1,091 ( 5.4%) |
| Median Home Value | $208,686 |
| Average Home Value | $251,745 |
Housing Distribution
Address Breakdown
Residential
18,997
Single Family
16,657
Multi-Family
2,340
Businesses
1,168
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