1372 Majestic Woods DrGrand IslandNY14072
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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 Grand Island at 1372 Majestic Woods Dr, Grand Island, NY, 14072 offers a 10.18% rental yield on a $489,900 purchase with $4,158/mo rent. Total monthly income registers $4,158/mo, and a $2,398/mo payment leaves $886/mo available for distribution. Annual cash flow reaches $10,636/yr on $162,402 to close, and return on cash invested stands at 26.46% in year one. Equity gained on principal adds $3,161/yr while 5% annual appreciation supports $135,350 over five years. Portfolio math shows five-year ROI at 138.61% and total cumulative return in cash at $225,113. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,158/mo property income against a $2,398/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14072, Grand Island, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,299 (100%) |
| Owner Occupied HU | 6,952 (74.8%) |
| Renter Occupied HU | 1,903 (20.5%) |
| Vacant Housing Units | 444 ( 4.8%) |
| Median Home Value | $347,929 |
| Average Home Value | $374,130 |
Housing Distribution
Address Breakdown
Residential
9,046
Single Family
8,081
Multi-Family
965
Businesses
513
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Listed by: Kathryn Trina Schiavitti • HUNT Real Estate Corporation
Mls Name: NYSAMLSs
Mls ID: #B1659608