2842 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 2842 Main St, Newfane, NY, 14108 earns $1,669/mo cash flow from $2,537/mo rent with a $636/mo payment. Total monthly income totals $2,537/mo, and annual cash flow totals $20,030/yr on $43,095 capital. ROI tracks 66.39% on current figures, and rental yield reads 23.42% at a $130,000 purchase. Equity gained on principal adds $839/yr, and 5% annual appreciation supports $35,917 over five years. Five-year ROI reaches 352.84% and total cumulative return in cash sums $152,055. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,537/mo property income instead of your personal income.
Single Family
Built in 1900
9,901 sqft 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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