105 Carriage Dr APT 7Orchard ParkNY14127
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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 Orchard Park at 105 Carriage Dr APT 7, Orchard Park, NY, 14127 uses $71,273 cash to close to unlock $883/yr annual cash flow and $74/mo monthly cash flow. Total monthly income runs $1,509/mo, and a $1,052/mo payment keeps the spread at $74/mo. Purchase price stands at $215,000, and rental yield measures 8.42% with $1,509/mo rent. Return on cash invested shows 21.15% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 110.15% and total cumulative return in cash records $78,505. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,509/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Condo
Built in 1973
0.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14127, Orchard Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,451 (100%) |
| Owner Occupied HU | 9,466 (70.4%) |
| Renter Occupied HU | 3,153 (23.4%) |
| Vacant Housing Units | 832 ( 6.2%) |
| Median Home Value | $382,831 |
| Average Home Value | $420,657 |
Housing Distribution
Address Breakdown
Residential
12,897
Single Family
10,765
Multi-Family
2,132
Businesses
1,172
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Listed by: Martha B Szczygiel • Howard Hanna WNY Inc.
Mls Name: NYSAMLSs
Mls ID: #B1651307