116 Lee StDepewNY14043
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 116 Lee St, Depew, NY, 14043 in Depew speaks for itself: 11.85% gross on a $277,200 price, generating $2,738/mo in rent and $823/mo in net income after the $1,246/mo debt service. DSCR 2.20, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $9,871 stacks alongside $76,585 in projected five-year appreciation and $2,553/yr in principal reduction. Projected total cumulative return: $162,821.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.9% | 6.2% |
| Monthly Cash Flow | $823 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,738 |
| Total Monthly Debt Service | $1,741 |
| DSCR Ratio | 1.57x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1961
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14043, Depew, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,105 (100%) |
| Owner Occupied HU | 7,742 (64.0%) |
| Renter Occupied HU | 3,750 (31.0%) |
| Vacant Housing Units | 613 ( 5.1%) |
| Median Home Value | $220,562 |
| Average Home Value | $254,002 |
Housing Distribution
Address Breakdown
Residential
11,309
Single Family
10,335
Multi-Family
974
Businesses
845
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1961
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14043, Depew, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,105 (100%) |
| Owner Occupied HU | 7,742 (64.0%) |
| Renter Occupied HU | 3,750 (31.0%) |
| Vacant Housing Units | 613 ( 5.1%) |
| Median Home Value | $220,562 |
| Average Home Value | $254,002 |
Housing Distribution
Address Breakdown
Residential
11,309
Single Family
10,335
Multi-Family
974
Businesses
845
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kara Schneider • Keller Williams Realty Lancaster
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #B1557795
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