2792 Main StNewfaneNY14108
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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 Newfane at 2792 Main St, Newfane, NY, 14108 uses $47,869 cash to close to unlock $6,942/yr annual cash flow and $578/mo monthly cash flow. Total monthly income runs $1,543/mo, and a $707/mo payment keeps the spread at $578/mo. Purchase price stands at $144,400, and rental yield measures 12.82% with $1,543/mo rent. Return on cash invested shows 34.41% in year one, and 5% annual appreciation builds toward $39,895 over five years. Five-year ROI reaches 181.32% and total cumulative return in cash records $86,796. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,543/mo property income covering a $707/mo payment rather than investor’s personal income.
Multi Family
Built in 1890
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14108, Newfane, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,533 (100%) |
| Owner Occupied HU | 1,996 (78.8%) |
| Renter Occupied HU | 380 (15.0%) |
| Vacant Housing Units | 157 ( 6.2%) |
| Median Home Value | $228,166 |
| Average Home Value | $258,903 |
Housing Distribution
Address Breakdown
Residential
2,333
Single Family
2,291
Multi-Family
42
Businesses
128
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