28 Central Ave #28LockportNY14094
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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 Lockport at 28 Central Ave #28, Lockport, NY, 14094 offers a 48.72% rental yield on a $133,000 purchase with $5,400/mo rent. Total monthly income registers $5,400/mo, and a $651/mo payment leaves $4,512/mo available for distribution. Annual cash flow reaches $54,142/yr on $44,090 to close, and return on cash invested stands at 142.71% in year one. Equity gained on principal adds $858/yr while 5% annual appreciation supports $36,745 over five years. Portfolio math shows five-year ROI at 762.02% and total cumulative return in cash at $335,973. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,400/mo property income against a $651/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14094, Lockport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,060 (100%) |
| Owner Occupied HU | 14,886 (64.6%) |
| Renter Occupied HU | 6,623 (28.7%) |
| Vacant Housing Units | 1,551 ( 6.7%) |
| Median Home Value | $208,867 |
| Average Home Value | $254,894 |
Housing Distribution
Address Breakdown
Residential
22,304
Single Family
18,394
Multi-Family
3,910
Businesses
1,178
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