43 Union StGowandaNY14070
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 Gowanda at 43 Union St, Gowanda, NY, 14070 priced at $149,900 converts $1,717/mo rent into $716/mo cash flow after a $734/mo obligation. Total monthly income equals $1,717/mo, and annual cash flow totals $8,588/yr on $49,692 invested. Return on cash invested prints 37.19% in year one, and rental yield reads 13.75% against a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation compiles into $41,415 by year five. Five-year ROI reaches 196.18% and total cumulative return in cash sums $97,487. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,717/mo property income covering a $734/mo payment, not borrower’s personal income.
Multi Family
Built in 1900
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14070, Gowanda, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,336 (100%) |
| Owner Occupied HU | 1,412 (60.4%) |
| Renter Occupied HU | 603 (25.8%) |
| Vacant Housing Units | 321 (13.7%) |
| Median Home Value | $135,156 |
| Average Home Value | $218,904 |
Housing Distribution
Address Breakdown
Residential
2,151
Single Family
2,097
Multi-Family
54
Businesses
159
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Listed by: Shannon G Szalay • WNY Metro Roberts Realty
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #B1617832
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