8910 Tonawanda Creek RdClarence CenterNY14032
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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 Clarence Center at 8910 Tonawanda Creek Rd, Clarence Center, NY, 14032 generates $3,167/mo in rent and, after a $1,566/mo payment, leaves $1,030/mo in cash flow. Total monthly income is $3,167/mo, and annual cash flow is $12,364/yr on $106,080 invested. Return on cash invested sits at 31.56% in year one, and rental yield is 11.88% on a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 166.01% and total cumulative return in cash sums $176,103. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,167/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14032, Clarence Center, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,352 (100%) |
| Owner Occupied HU | 2,845 (84.9%) |
| Renter Occupied HU | 348 (10.4%) |
| Vacant Housing Units | 159 ( 4.7%) |
| Median Home Value | $492,004 |
| Average Home Value | $498,253 |
Housing Distribution
Address Breakdown
Residential
3,267
Single Family
3,146
Multi-Family
121
Businesses
221
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Listed by: Lori A Adams • eXp Realty
Mls Name: NYSAMLSs
Mls ID: #B1627590