186 Timberlink DrGrand IslandNY14072
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Nearby investment properties with comparable prices
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 Grand Island at 186 Timberlink Dr, Grand Island, NY, 14072 priced at $550,000 pairs $3,680/mo rent with $7/mo cash flow after a $2,692/mo payment. Total monthly income equals $3,680/mo, and annual cash flow comes to $86/yr on $180,950 invested. Return on cash invested is 20.11% in year one, and rental yield stands at 8.03% on a $550,000 basis. Equity gained on principal adds $3,549/yr, and 5% annual appreciation accumulates to $151,955 by year five. Five-year ROI measures 104.54% and total cumulative return in cash reaches $189,166. For financing, Ziffy Mortgage’s DSCR program evaluates $3,680/mo property income against a $2,692/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1989
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14072, Grand Island, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,299 (100%) |
| Owner Occupied HU | 6,952 (74.8%) |
| Renter Occupied HU | 1,903 (20.5%) |
| Vacant Housing Units | 444 ( 4.8%) |
| Median Home Value | $347,929 |
| Average Home Value | $374,130 |
Housing Distribution
Address Breakdown
Residential
9,046
Single Family
8,081
Multi-Family
965
Businesses
513
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Listed by: Jennifer E Manz • Keller Williams Realty WNY
Mls Name: NYSAMLSs
Mls ID: #B1647030