189 Lincoln AveNorth TonawandaNY14120
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
Rental property for sale in North Tonawanda at 189 Lincoln Ave, North Tonawanda, NY, 14120 priced at $205,000 converts $1,819/mo rent into $450/mo cash flow after a $1,003/mo obligation. Total monthly income equals $1,819/mo, and annual cash flow totals $5,405/yr on $67,958 invested. Return on cash invested prints 27.86% in year one, and rental yield reads 10.65% against a $205,000 entry. Equity gained on principal adds $1,323/yr, while 5% annual appreciation compiles into $56,638 by year five. Five-year ROI reaches 146.18% and total cumulative return in cash sums $99,342. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,819/mo property income covering a $1,003/mo payment, not borrower’s personal income.
Single Family
Built in 1906
5,279 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14120, North Tonawanda, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,283 (100%) |
| Owner Occupied HU | 13,988 (65.7%) |
| Renter Occupied HU | 5,827 (27.4%) |
| Vacant Housing Units | 1,468 ( 6.9%) |
| Median Home Value | $234,436 |
| Average Home Value | $303,156 |
Housing Distribution
Address Breakdown
Residential
19,365
Single Family
17,647
Multi-Family
1,718
Businesses
919
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cher L Kempf • Howard Hanna WNY Inc.
Mls Name: NYSAMLSs
Mls ID: #B1653559