1877 Colvin BlvdTonawandaNY14150
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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 Tonawanda at 1877 Colvin Blvd, Tonawanda, NY, 14150 uses $76,245 cash to close to unlock $6,202/yr annual cash flow and $517/mo monthly cash flow. Total monthly income runs $2,053/mo, and a $1,126/mo payment keeps the spread at $517/mo. Purchase price stands at $230,000, and rental yield measures 10.71% with $2,053/mo rent. Return on cash invested shows 28.04% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 147.1% and total cumulative return in cash records $112,159. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,053/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Single Family
Built in 1953
7,980 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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