69 Lackawanna AveSloanNY14212
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 Sloan at 69 Lackawanna Ave, Sloan, NY, 14212 at $265,000 posts ROI 22.15% with $164/mo cash flow from $1,934/mo rent. Total monthly income equals $1,934/mo, and annual cash flow records $1,973/yr on $87,848 to close. Return on cash invested measures 22.15% and rental yield reads 8.76% at the current $265,000. Equity gained on principal adds $1,710/yr, and 5% annual appreciation supports $73,215 by year five. Five-year ROI prints 115.55% and total cumulative return in cash totals $101,511.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,934/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1972
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14212, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,651 (100%) |
| Owner Occupied HU | 2,325 (35.0%) |
| Renter Occupied HU | 3,025 (45.5%) |
| Vacant Housing Units | 1,301 (19.6%) |
| Median Home Value | $100,127 |
| Average Home Value | $174,971 |
Housing Distribution
Address Breakdown
Residential
4,395
Single Family
4,032
Multi-Family
363
Businesses
315
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