169 Edison StLackawannaNY14218
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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
Rental property for sale in Lackawanna at 169 Edison St, Lackawanna, NY, 14218 offers $1,424/mo rent that, after a $1,027/mo payment, leaves $23/mo cash flow. Total monthly income is $1,424/mo, and annual cash flow is $272/yr on $69,582 cash. Return on cash invested measures 20.3% in year one, and rental yield stands at 8.14% at a $209,900 entry. Equity gained on principal adds $1,354/yr while 5% annual appreciation compounds into $57,992 by year five. Five-year ROI records 105.59% and total cumulative return in cash reaches $73,472. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,424/mo property income versus a $1,027/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14218, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,985 (100%) |
| Owner Occupied HU | 4,770 (47.8%) |
| Renter Occupied HU | 4,322 (43.3%) |
| Vacant Housing Units | 893 ( 8.9%) |
| Median Home Value | $172,099 |
| Average Home Value | $247,349 |
Housing Distribution
Address Breakdown
Residential
8,218
Single Family
7,214
Multi-Family
1,004
Businesses
438
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Listed by: Amy Beale • HUNT Real Estate Corporation
Mls Name: NYSAMLSs
Mls ID: #B1641591