388 Birchwood DrLockportNY14094
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
Rental property for sale in Lockport at 388 Birchwood Dr, Lockport, NY, 14094 priced at $115,600 pairs $2,636/mo rent with $1,864/mo cash flow after a $566/mo payment. Total monthly income equals $2,636/mo, and annual cash flow comes to $22,366/yr on $38,321 invested. Return on cash invested is 78.27% in year one, and rental yield stands at 27.36% on a $115,600 basis. Equity gained on principal adds $746/yr, and 5% annual appreciation accumulates to $31,938 by year five. Five-year ROI measures 416.49% and total cumulative return in cash reaches $159,606. For financing, Ziffy Mortgage’s DSCR program evaluates $2,636/mo property income against a $566/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2025
N/A 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
