162 Peppertree Dr #BAmherstNY14228
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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 Amherst at 162 Peppertree Dr #B, Amherst, NY, 14228 uses $82,842 cash to close to unlock $3,688/yr annual cash flow and $307/mo monthly cash flow. Total monthly income runs $1,976/mo, and a $1,223/mo payment keeps the spread at $307/mo. Purchase price stands at $249,900, and rental yield measures 9.49% with $1,976/mo rent. Return on cash invested shows 24.36% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 127.4% and total cumulative return in cash records $105,542. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,976/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Condo
Built in 1988
1.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14228, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,085 (100%) |
| Owner Occupied HU | 4,665 (42.1%) |
| Renter Occupied HU | 5,604 (50.6%) |
| Vacant Housing Units | 816 ( 7.4%) |
| Median Home Value | $293,883 |
| Average Home Value | $351,771 |
Housing Distribution
Address Breakdown
Residential
10,612
Single Family
7,393
Multi-Family
3,219
Businesses
727
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