246 State Park AveSalamancaNY14779
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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 Salamanca at 246 State Park Ave, Salamanca, NY, 14779 at $165,000 posts ROI 20.74% with $38/mo cash flow from $1,140/mo rent. Total monthly income equals $1,140/mo, and annual cash flow records $453/yr on $54,698 to close. Return on cash invested measures 20.74% and rental yield reads 8.29% at the current $165,000. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 by year five. Five-year ROI prints 107.94% and total cumulative return in cash totals $59,039.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,140/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1958
1.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14779, Salamanca, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,654 (100%) |
| Owner Occupied HU | 1,830 (50.1%) |
| Renter Occupied HU | 1,204 (33.0%) |
| Vacant Housing Units | 620 (17.0%) |
| Median Home Value | $92,778 |
| Average Home Value | $153,395 |
Housing Distribution
Address Breakdown
Residential
2,873
Single Family
2,667
Multi-Family
206
Businesses
237
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