176 Steven DrCheektowagaNY14227
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
Investment Highlights
Investment property for sale in Cheektowaga at 176 Steven Dr, Cheektowaga, NY, 14227 at $299,900 posts ROI 25.93% with $499/mo cash flow from $2,502/mo rent. Total monthly income equals $2,502/mo, and annual cash flow records $5,990/yr on $99,417 to close. Return on cash invested measures 25.93% and rental yield reads 10.01% at the current $299,900. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 by year five. Five-year ROI prints 135.83% and total cumulative return in cash totals $135,040.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,502/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1968
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14227, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,533 (100%) |
| Owner Occupied HU | 7,068 (61.3%) |
| Renter Occupied HU | 3,847 (33.4%) |
| Vacant Housing Units | 618 ( 5.4%) |
| Median Home Value | $220,172 |
| Average Home Value | $270,147 |
Housing Distribution
Address Breakdown
Residential
10,839
Single Family
8,355
Multi-Family
2,484
Businesses
465
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Listed by: Lori A O'Donnell • WNY Metro Roberts Realty
Mls Name: NYSAMLSs
Mls ID: #B1650088