120 S Transit StLockportNY14094
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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 Lockport at 120 S Transit St, Lockport, NY, 14094 at $189,999 posts ROI 98.62% with $4,131/mo cash flow from $5,400/mo rent. Total monthly income equals $5,400/mo, and annual cash flow records $49,574/yr on $62,985 to close. Return on cash invested measures 98.62% and rental yield reads 34.11% at the current $189,999. Equity gained on principal adds $1,226/yr, and 5% annual appreciation supports $52,493 by year five. Five-year ROI prints 525.63% and total cumulative return in cash totals $331,068.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,400/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14094, Lockport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,060 (100%) |
| Owner Occupied HU | 14,886 (64.6%) |
| Renter Occupied HU | 6,623 (28.7%) |
| Vacant Housing Units | 1,551 ( 6.7%) |
| Median Home Value | $208,867 |
| Average Home Value | $254,894 |
Housing Distribution
Address Breakdown
Residential
22,304
Single Family
18,394
Multi-Family
3,910
Businesses
1,178
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