1220 Smith RdEast AmherstNY14051
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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 East Amherst at 1220 Smith Rd, East Amherst, NY, 14051 listed at $274,000 pairs $2,456/mo rent with a $1,341/mo payment to leave $626/mo cash flow. Total monthly income runs $2,456/mo, and annual cash flow reaches $7,516/yr on $90,831 cash to close. Return on cash invested measures 28.18% in year one, and rental yield registers 10.76% at a $274,000 basis. Equity gained on principal adds $1,768/yr, and annual property appreciation at 5% supports $75,701 by year five. Five-year ROI tracks 147.88% and total cumulative return in cash totals $134,325. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,456/mo property income relative to a $1,341/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1952
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14051, East Amherst, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,596 (100%) |
| Owner Occupied HU | 6,814 (79.3%) |
| Renter Occupied HU | 1,453 (16.9%) |
| Vacant Housing Units | 329 ( 3.8%) |
| Median Home Value | $394,038 |
| Average Home Value | $427,004 |
Housing Distribution
Address Breakdown
Residential
8,434
Single Family
7,958
Multi-Family
476
Businesses
505
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Listed by: N/A • N/A
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