61 5th AveNorth 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
Investment property for sale in North Tonawanda at 61 5th Ave, North Tonawanda, NY, 14120 with 5% annual appreciation on a $209,900 basis while $1,949/mo rent supports operations. Total monthly income totals $1,949/mo and a $1,027/mo payment preserves $548/mo for cash returns. Annual cash flow comes to $6,572/yr on $69,582 deployed, and return on cash invested reaches 29.35% in year one. Equity gained on principal adds $1,354/yr, and five-year appreciation sums $57,992 alongside rental yield of 11.14%. Five-year ROI measures 154.16% and total cumulative return in cash totals $107,264.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,949/mo property income versus a $1,027/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
3,240 sqft 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: Daniel McDermott • Howard Hanna WNY Inc.
Mls Name: NYSAMLSs
Mls ID: #B1657978