35 Pound StLockportNY14094
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 Lockport at 35 Pound St, Lockport, NY, 14094 uses $49,725 cash to close to unlock $6,618/yr annual cash flow and $552/mo monthly cash flow. Total monthly income runs $1,553/mo, and a $734/mo payment keeps the spread at $552/mo. Purchase price stands at $150,000, and rental yield measures 12.42% with $1,553/mo rent. Return on cash invested shows 33.22% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 174.9% and total cumulative return in cash records $86,970. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,553/mo property income covering a $734/mo payment rather than investor’s personal income.
Multi Family
Built in 1878
6,969 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices