43 Walnut StGowandaNY14070
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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 Walnut St, Gowanda, NY, 14070 offers $960/mo rent that, after a $627/mo payment, leaves $106/mo cash flow. Total monthly income is $960/mo, and annual cash flow is $1,269/yr on $42,432 cash. Return on cash invested measures 22.9% in year one, and rental yield stands at 9% at a $128,000 entry. Equity gained on principal adds $826/yr while 5% annual appreciation compounds into $35,364 by year five. Five-year ROI records 119.54% and total cumulative return in cash reaches $50,723. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $960/mo property income versus a $627/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
3,001 sqft 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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