385 Oliver StNorth 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
Total monthly income runs $1,504/mo, and a $1,346/mo payment. Purchase price stands at $275,000, and rental yield measures 6.56% with $1,504/mo rent. Return on cash invested shows 15.53% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 80.04% and total cumulative return in cash records $72,971. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,504/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Multi Family
Built in 1894
4,443 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: Noah Munoz • Iconic Real Estate
Mls Name: NYSAMLSs
Mls ID: #B1646558