197 Tremont AveKenmoreNY14217
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
Rental property for sale in Kenmore at 197 Tremont Ave, Kenmore, NY, 14217 priced at $229,900 converts $1,579/mo rent into $44/mo cash flow after a $1,125/mo obligation. Total monthly income equals $1,579/mo, and annual cash flow totals $528/yr on $76,212 invested. Return on cash invested prints 20.6% in year one, and rental yield reads 8.24% against a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,517 by year five. Five-year ROI reaches 107.26% and total cumulative return in cash sums $81,743. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,579/mo property income covering a $1,125/mo payment, not borrower’s personal income.
Single Family
Built in 1928
4,299 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14217, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,235 (100%) |
| Owner Occupied HU | 6,827 (60.8%) |
| Renter Occupied HU | 3,737 (33.3%) |
| Vacant Housing Units | 671 ( 6.0%) |
| Median Home Value | $217,432 |
| Average Home Value | $309,655 |
Housing Distribution
Address Breakdown
Residential
10,196
Single Family
8,784
Multi-Family
1,412
Businesses
685
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices