174 Heritage RdTonawandaNY14150
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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 Tonawanda at 174 Heritage Rd, Tonawanda, NY, 14150 offers $2,810/mo rent that, after a $978/mo payment, leaves $1,476/mo cash flow. Total monthly income is $2,810/mo, and annual cash flow is $17,706/yr on $66,267 cash. Return on cash invested measures 46.63% in year one, and rental yield stands at 16.87% at a $199,900 entry. Equity gained on principal adds $1,290/yr while 5% annual appreciation compounds into $55,229 by year five. Five-year ROI records 246.78% and total cumulative return in cash reaches $163,537. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,810/mo property income versus a $978/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
8,311 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14150, Tonawanda, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,083 (100%) |
| Owner Occupied HU | 13,568 (67.6%) |
| Renter Occupied HU | 5,424 (27.0%) |
| Vacant Housing Units | 1,091 ( 5.4%) |
| Median Home Value | $208,686 |
| Average Home Value | $251,745 |
Housing Distribution
Address Breakdown
Residential
18,997
Single Family
16,657
Multi-Family
2,340
Businesses
1,168
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