6993 Pine Lake TerPendletonNY14120
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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 Pendleton at 6993 Pine Lake Ter, Pendleton, NY, 14120 earns from $3,655/mo rent with a $4,258/mo payment. Total monthly income totals $3,655/mo. ROI tracks 11.03% on current figures, and rental yield reads 5.04% at a $869,900 purchase. Equity gained on principal adds $5,613/yr, and 5% annual appreciation supports $240,337 over five years. Five-year ROI reaches 55.82% and total cumulative return in cash sums $159,761. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,655/mo property income instead of your personal income.
Single Family
Built in 2021
1.60 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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