427 Robert DrNorth 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
Rental property for sale in North Tonawanda at 427 Robert Dr, North Tonawanda, NY, 14120 generates $2,411/mo in rent and, after a $1,321/mo payment, leaves $609/mo in cash flow. Total monthly income is $2,411/mo, and annual cash flow is $7,304/yr on $89,472 invested. Return on cash invested sits at 28.07% in year one, and rental yield is 10.72% on a $269,900 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 147.27% and total cumulative return in cash sums $131,766. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,411/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
0.28 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: Chrystal A Manzare • Howard Hanna WNY Inc.
Mls Name: NYSAMLSs
Mls ID: #B1619860