196 Barnabas DrDepewNY14043
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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 Depew at 196 Barnabas Dr, Depew, NY, 14043 uses $87,814 cash to close to unlock $4,147/yr annual cash flow and $346/mo monthly cash flow. Total monthly income runs $2,115/mo, and a $1,297/mo payment keeps the spread at $346/mo. Purchase price stands at $264,900, and rental yield measures 9.58% with $2,115/mo rent. Return on cash invested shows 24.63% in year one, and 5% annual appreciation builds toward $73,187 over five years. Five-year ROI reaches 128.83% and total cumulative return in cash records $113,132. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,115/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Single Family
Built in 1966
5,662 sqft 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
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