30 2nd AveNorth TonawandaNY14120
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 North Tonawanda at 30 2nd Ave, North Tonawanda, NY, 14120 with 5% annual appreciation on a $159,900 basis while $1,579/mo rent supports operations. Total monthly income totals $1,579/mo and a $783/mo payment preserves $511/mo for cash returns. Annual cash flow comes to $6,130/yr on $53,007 deployed, and return on cash invested reaches 31.47% in year one. Equity gained on principal adds $1,032/yr, and five-year appreciation sums $44,177 alongside rental yield of 11.85%. Five-year ROI measures 165.5% and total cumulative return in cash totals $87,726.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,579/mo property income versus a $783/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1908
9,718 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kelly A Limina • HUNT Real Estate Corporation
Mls Name: NYSAMLSs
Mls ID: #B1651513