1936 Marjorie RdGrand 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
Rental property for sale in Grand Island at 1936 Marjorie Rd, Grand Island, NY, 14072 generates $2,050/mo in rent and, after a $1,443/mo payment, leaves $81/mo in cash flow. Total monthly income is $2,050/mo, and annual cash flow is $973/yr on $97,759 invested. Return on cash invested sits at 20.9% in year one, and rental yield is 8.34% on a $294,900 entry. Equity gained on principal adds $1,903/yr, while 5% annual appreciation builds toward $81,475 over five years. Five-year ROI reaches 108.86% and total cumulative return in cash sums $106,423. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,050/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
8,908 sqft 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: Geraldine A Andolina • Century 21 North East
Mls Name: NYSAMLSs
Mls ID: #B1633816