2328 Gowanda Zoar RdGowandaNY14070
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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 Gowanda at 2328 Gowanda Zoar Rd, Gowanda, NY, 14070 uses $179,302 cash to close to unlock $5,881/yr annual cash flow and $490/mo monthly cash flow. Total monthly income runs $4,129/mo, and a $2,667/mo payment keeps the spread at $490/mo. Purchase price stands at $544,990, and rental yield measures 9.09% with $4,129/mo rent. Return on cash invested shows 23.34% in year one, and 5% annual appreciation builds toward $150,571 over five years. Five-year ROI reaches 121.88% and total cumulative return in cash records $218,529. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,129/mo property income covering a $2,667/mo payment rather than investor’s personal income.
Single Family
Built in 2002
18.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14070, Gowanda, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,336 (100%) |
| Owner Occupied HU | 1,412 (60.4%) |
| Renter Occupied HU | 603 (25.8%) |
| Vacant Housing Units | 321 (13.7%) |
| Median Home Value | $135,156 |
| Average Home Value | $218,904 |
Housing Distribution
Address Breakdown
Residential
2,151
Single Family
2,097
Multi-Family
54
Businesses
159
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