1901 Grand Island BlvdGrand IslandNY14072
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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 Grand Island at 1901 Grand Island Blvd, Grand Island, NY, 14072 offers a 9.18% rental yield on a $400,000 purchase with $3,061/mo rent. Total monthly income registers $3,061/mo, and a $1,958/mo payment leaves $390/mo available for distribution. Annual cash flow reaches $4,676/yr on $132,600 to close, and return on cash invested stands at 23.44% in year one. Equity gained on principal adds $2,581/yr while 5% annual appreciation supports $110,513 over five years. Portfolio math shows five-year ROI at 122.4% and total cumulative return in cash at $162,304. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,061/mo property income against a $1,958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
3.60 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: Carmen J Laurendi • Howard Hanna WNY Inc
Mls Name: NYSAMLSs
Mls ID: #B1644839