761 Lee AveNorth TonawandaNY14120
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 761 Lee Ave, North Tonawanda, NY, 14120 in North Tonawanda is straightforward: $169,900 in, $1,335/mo in rent, $200/mo out after debt service. The 9.43% gross yield and 1.75 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $46,940 by year five. With $1,565/yr in principal equity, the total cumulative return is projected at $77,739.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.2% |
| Monthly Cash Flow | $200 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,335 |
| Total Monthly Debt Service | $1,067 |
| DSCR Ratio | 1.25x |
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 1935
4,678 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
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 1935
4,678 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: NYSAMLSs
Mls ID: #B1679289