187 Broad StSalamancaNY14779
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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 Salamanca at 187 Broad St, Salamanca, NY, 14779 with 5% annual appreciation on a $169,900 basis while $1,140/mo rent supports operations. Total monthly income totals $1,140/mo and a $832/mo payment preserves $5/mo for cash returns. Annual cash flow comes to $60/yr on $56,322 deployed, and return on cash invested reaches 20.02% in year one. Equity gained on principal adds $1,096/yr, and five-year appreciation sums $46,940 alongside rental yield of 8.05%. Five-year ROI measures 104.15% and total cumulative return in cash totals $58,658.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,140/mo property income versus a $832/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1945
3,841 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14779, Salamanca, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,654 (100%) |
| Owner Occupied HU | 1,830 (50.1%) |
| Renter Occupied HU | 1,204 (33.0%) |
| Vacant Housing Units | 620 (17.0%) |
| Median Home Value | $92,778 |
| Average Home Value | $153,395 |
Housing Distribution
Address Breakdown
Residential
2,873
Single Family
2,667
Multi-Family
206
Businesses
237
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