187 Sandstone CirGrand IslandNY14072
Nearby investment properties with comparable rents
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
Investment property for sale in Grand Island at 187 Sandstone Cir, Grand Island, NY, 14072 offers a 6.55% rental yield on a $438,000 purchase with $2,390/mo rent. 16% in year one. Equity gained on principal adds $2,826/yr while 5% annual appreciation supports $121,011 over five years. Portfolio math shows five-year ROI at 73.15% and total cumulative return in cash at $106,218. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,390/mo property income against a $2,144/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2022
97.90 Acres lot
$N/A/sqft
$160 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heather Wilhelm • Coldwell Banker Integrity Real Estate
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #B1603965
Disclaimer: The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, UNYREIS and WNYREIS. Real estate listings held by firms other than Zillow, Inc. are marked with the IDX logo and include the Listing Brokers Firm Name. Listing Data last updated at 2025-05-13 03:22:18 PDT. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.