145 Caroline RdGowandaNY14070
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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
Total monthly income runs $960/mo, and a $920/mo payment. Purchase price stands at $188,000, and rental yield measures 6.13% with $960/mo rent. Return on cash invested shows 14.22% in year one, and 5% annual appreciation builds toward $51,941 over five years. Five-year ROI reaches 73.01% and total cumulative return in cash records $45,500. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $960/mo property income covering a $920/mo payment rather than investor’s personal income.
Single Family
Built in 1947
10,798 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14070, Gowanda, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,336 (100%) |
| Owner Occupied HU | 1,412 (60.4%) |
| Renter Occupied HU | 603 (25.8%) |
| Vacant Housing Units | 321 (13.7%) |
| Median Home Value | $135,156 |
| Average Home Value | $218,904 |
Housing Distribution
Address Breakdown
Residential
2,151
Single Family
2,097
Multi-Family
54
Businesses
159
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Listed by: Richard Smith • Howard Hanna Holt - Fredonia
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1543675
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