165 Crestwood Dr #165LockportNY14094
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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 165 Crestwood Dr #165, Lockport, NY, 14094 uses $39,084 cash to close to unlock $1,269/yr annual cash flow and $106/mo monthly cash flow. Total monthly income runs $893/mo, and a $577/mo payment keeps the spread at $106/mo. Purchase price stands at $117,900, and rental yield measures 9.09% with $893/mo rent. Return on cash invested shows 23.16% in year one, and 5% annual appreciation builds toward $32,574 over five years. Five-year ROI reaches 120.93% and total cumulative return in cash records $47,264. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $893/mo property income covering a $577/mo payment rather than investor’s personal income.
Manufactured
Built in 2022
N/A 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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