13 3rd AveNorth TonawandaNY14120
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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
Rental property for sale in North Tonawanda at 13 3rd Ave, North Tonawanda, NY, 14120 offers $873/mo rent that, after a $538/mo payment, leaves $139/mo cash flow. Total monthly income is $873/mo, and annual cash flow is $1,666/yr on $36,465 cash. Return on cash invested measures 24.48% in year one, and rental yield stands at 9.52% at a $109,999 entry. Equity gained on principal adds $710/yr while 5% annual appreciation compounds into $30,391 by year five. Five-year ROI records 128.01% and total cumulative return in cash reaches $46,679. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $873/mo property income versus a $538/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1905
6,481 sqft 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
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Listed by: Christopher Ricci • WNY Metro Roberts Realty
Mls Name: NYSAMLSs
Mls ID: #B1649939