76 Waite AveSalamancaNY14779
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
Rental property for sale in Salamanca at 76 Waite Ave, Salamanca, NY, 14779 generates $1,054/mo in rent and, after a $636/mo payment, leaves $186/mo in cash flow. Total monthly income is $1,054/mo, and annual cash flow is $2,234/yr on $43,095 invested. Return on cash invested sits at 25.09% in year one, and rental yield is 9.73% on a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 131.38% and total cumulative return in cash sums $56,619. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,054/mo property income rather than buyer’s personal income.
Multi Family
Built in 1900
4,525 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14779, Salamanca, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,654 (100%) |
| Owner Occupied HU | 1,830 (50.1%) |
| Renter Occupied HU | 1,204 (33.0%) |
| Vacant Housing Units | 620 (17.0%) |
| Median Home Value | $92,778 |
| Average Home Value | $153,395 |
Housing Distribution
Address Breakdown
Residential
2,873
Single Family
2,667
Multi-Family
206
Businesses
237
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices