147 Lambert AveFredoniaNY14063
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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 Fredonia at 147 Lambert Ave, Fredonia, NY, 14063 offers a 9.32% rental yield on a $160,000 purchase with $1,243/mo rent. Total monthly income registers $1,243/mo, and a $783/mo payment leaves $175/mo available for distribution. Annual cash flow reaches $2,096/yr on $53,040 to close, and return on cash invested stands at 23.86% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,205 over five years. Portfolio math shows five-year ROI at 124.71% and total cumulative return in cash at $66,146. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,243/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
5,362 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14063, Fredonia, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,945 (100%) |
| Owner Occupied HU | 3,146 (52.9%) |
| Renter Occupied HU | 1,837 (30.9%) |
| Vacant Housing Units | 962 (16.2%) |
| Median Home Value | $208,679 |
| Average Home Value | $260,037 |
Housing Distribution
Address Breakdown
Residential
5,067
Single Family
4,816
Multi-Family
251
Businesses
407
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