34 Alexander PkwyNorth 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
Investment property for sale in North Tonawanda at 34 Alexander Pkwy, North Tonawanda, NY, 14120 uses $129,285 cash to close to unlock $3,378/yr annual cash flow and $282/mo monthly cash flow. Total monthly income runs $2,886/mo, and a $1,909/mo payment keeps the spread at $282/mo. Purchase price stands at $390,000, and rental yield measures 8.88% with $2,886/mo rent. Return on cash invested shows 22.52% in year one, and 5% annual appreciation builds toward $107,750 over five years. Five-year ROI reaches 117.51% and total cumulative return in cash records $151,928. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,886/mo property income covering a $1,909/mo payment rather than investor’s personal income.
Single Family
Built in 2003
0.67 Acres 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: Cheryl M Shaffer • Signature Real Estate Services
Mls Name: NYSAMLSs
Mls ID: #B1647118