89 16th AveNorth 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
Investment property for sale in North Tonawanda at 89 16th Ave, North Tonawanda, NY, 14120 earns $112/mo cash flow from $1,781/mo rent with a $1,223/mo payment. Total monthly income totals $1,781/mo, and annual cash flow totals $1,348/yr on $82,842 capital. ROI tracks 21.54% on current figures, and rental yield reads 8.55% at a $249,900 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 over five years. Five-year ROI reaches 112.25% and total cumulative return in cash sums $92,990. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,781/mo property income instead of your personal income.
Single Family
Built in 1900
5,401 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: Sunny K Rathod • Keller Williams Realty Lancaster
Mls Name: NYSAMLSs
Mls ID: #B1657912