622 Lake StAngolaNY14006
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 622 Lake St, Angola, NY, 14006 in Angola: $2,016/mo in rent, $514/mo net, 10.76% gross yield, all on a $224,900 acquisition. The 1.99 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $62,136 in value, and $2,071/yr in principal paydown steadily builds equity. Projected total cumulative return: $118,863.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 6.2% |
| Monthly Cash Flow | $514 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,016 |
| Total Monthly Debt Service | $1,412 |
| DSCR Ratio | 1.43x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1930
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14006, Angola, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,028 (100%) |
| Owner Occupied HU | 3,338 (66.4%) |
| Renter Occupied HU | 803 (16.0%) |
| Vacant Housing Units | 887 (17.6%) |
| Median Home Value | $243,860 |
| Average Home Value | $376,457 |
Housing Distribution
Address Breakdown
Residential
4,508
Single Family
4,455
Multi-Family
53
Businesses
178
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
Single Family
Built in 1930
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14006, Angola, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,028 (100%) |
| Owner Occupied HU | 3,338 (66.4%) |
| Renter Occupied HU | 803 (16.0%) |
| Vacant Housing Units | 887 (17.6%) |
| Median Home Value | $243,860 |
| Average Home Value | $376,457 |
Housing Distribution
Address Breakdown
Residential
4,508
Single Family
4,455
Multi-Family
53
Businesses
178
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices