229 Garfield AveAngolaNY14006
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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 Angola at 229 Garfield Ave, Angola, NY, 14006 generates $1,791/mo in rent and, after a $918/mo payment, leaves $539/mo in cash flow. Total monthly income is $1,791/mo, and annual cash flow is $6,464/yr on $62,156 invested. Return on cash invested sits at 30.31% in year one, and rental yield is 11.46% on a $187,500 entry. Equity gained on principal adds $1,210/yr, while 5% annual appreciation builds toward $51,803 over five years. Five-year ROI reaches 159.29% and total cumulative return in cash sums $99,007. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,791/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14006, Angola, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,028 (100%) |
| Owner Occupied HU | 3,338 (66.4%) |
| Renter Occupied HU | 803 (16.0%) |
| Vacant Housing Units | 887 (17.6%) |
| Median Home Value | $243,860 |
| Average Home Value | $376,457 |
Housing Distribution
Address Breakdown
Residential
4,508
Single Family
4,455
Multi-Family
53
Businesses
178
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