10 Kingston LnCheektowagaNY14225
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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 Cheektowaga at 10 Kingston Ln, Cheektowaga, NY, 14225 priced at $269,990 converts $3,923/mo rent into $2,121/mo cash flow after a $1,321/mo obligation. Total monthly income equals $3,923/mo, and annual cash flow totals $25,446/yr on $89,502 invested. Return on cash invested prints 48.34% in year one, and rental yield reads 17.44% against a $269,990 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation compiles into $74,593 by year five. Five-year ROI reaches 255.96% and total cumulative return in cash sums $229,090. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,923/mo property income covering a $1,321/mo payment, not borrower’s personal income.
Single Family
Built in 1964
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14225, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,859 (100%) |
| Owner Occupied HU | 11,130 (66.0%) |
| Renter Occupied HU | 4,646 (27.6%) |
| Vacant Housing Units | 1,083 ( 6.4%) |
| Median Home Value | $182,061 |
| Average Home Value | $268,332 |
Housing Distribution
Address Breakdown
Residential
15,114
Single Family
14,257
Multi-Family
857
Businesses
1,430
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Listed by: Edie Gillis • HUNT Real Estate Corporation
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #B1557944
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