54 Spring StLockportNY14094
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
Investment property for sale in Lockport at 54 Spring St, Lockport, NY, 14094 at $180,000 posts ROI 23.19% with $163/mo cash flow from $1,365/mo rent. Total monthly income equals $1,365/mo, and annual cash flow records $1,956/yr on $59,670 to close. Return on cash invested measures 23.19% and rental yield reads 9.1% at the current $180,000. Equity gained on principal adds $1,162/yr, and 5% annual appreciation supports $49,731 by year five. Five-year ROI prints 121.03% and total cumulative return in cash totals $72,221.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,365/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1860
5,227 sqft 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