4569 Ridgeview Dr SNorth 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 4569 Ridgeview Dr S, North Tonawanda, NY, 14120 generates $4,058/mo in rent and, after a $2,569/mo payment, leaves $553/mo in cash flow. Total monthly income is $4,058/mo, and annual cash flow is $6,635/yr on $172,692 invested. Return on cash invested sits at 23.9% in year one, and rental yield is 9.28% on a $524,900 entry. Equity gained on principal adds $3,387/yr, while 5% annual appreciation builds toward $145,020 over five years. Five-year ROI reaches 124.86% and total cumulative return in cash sums $215,629. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,058/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
0.46 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: Kevin McMullen • Towne Housing Real Estate
Mls Name: NYSAMLSs
Mls ID: #B1646325