803 Oliver StNorth TonawandaNY14120
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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
Rental property for sale in North Tonawanda at 803 Oliver St, North Tonawanda, NY, 14120 priced at $154,900 converts $1,463/mo rent into $429/mo cash flow after a $758/mo obligation. Total monthly income equals $1,463/mo, and annual cash flow totals $5,145/yr on $51,349 invested. Return on cash invested prints 29.93% in year one, and rental yield reads 11.33% against a $154,900 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation compiles into $42,796 by year five. Five-year ROI reaches 157.22% and total cumulative return in cash sums $80,732. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,463/mo property income covering a $758/mo payment, not borrower’s personal income.
Multi Family
Built in 1925
2,517 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
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Listed by: Athina Howe • RE/MAX Plus
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #B1574721
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