3 Pine Woods DrNorth TonawandaNY14120
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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
Rental property for sale in North Tonawanda at 3 Pine Woods Dr, North Tonawanda, NY, 14120 offers $1,584/mo rent that, after a $954/mo payment, leaves $282/mo cash flow. Total monthly income is $1,584/mo, and annual cash flow is $3,389/yr on $64,609 cash. Return on cash invested measures 25.15% in year one, and rental yield stands at 9.75% at a $194,900 entry. Equity gained on principal adds $1,258/yr while 5% annual appreciation compounds into $53,847 by year five. Five-year ROI records 131.65% and total cumulative return in cash reaches $85,059. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,584/mo property income versus a $954/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1925
9,234 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14120, North Tonawanda, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,283 (100%) |
| Owner Occupied HU | 13,988 (65.7%) |
| Renter Occupied HU | 5,827 (27.4%) |
| Vacant Housing Units | 1,468 ( 6.9%) |
| Median Home Value | $234,436 |
| Average Home Value | $303,156 |
Housing Distribution
Address Breakdown
Residential
19,365
Single Family
17,647
Multi-Family
1,718
Businesses
919
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Listed by: Meghan Ortt • HUNT Real Estate Corporation
Mls Name: NYSAMLSs
Mls ID: #B1656115