20 Carriage Dr APT 3Orchard ParkNY14127
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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
Rental property for sale in Orchard Park at 20 Carriage Dr APT 3, Orchard Park, NY, 14127 priced at $175,000 pairs $1,681/mo rent with $512/mo cash flow after a $857/mo payment. Total monthly income equals $1,681/mo, and annual cash flow comes to $6,143/yr on $58,013 invested. Return on cash invested is 30.5% in year one, and rental yield stands at 11.53% on a $175,000 basis. Equity gained on principal adds $1,129/yr, and 5% annual appreciation accumulates to $48,349 by year five. Five-year ROI measures 160.28% and total cumulative return in cash reaches $92,983. For financing, Ziffy Mortgage’s DSCR program evaluates $1,681/mo property income against a $857/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14127, Orchard Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,451 (100%) |
| Owner Occupied HU | 9,466 (70.4%) |
| Renter Occupied HU | 3,153 (23.4%) |
| Vacant Housing Units | 832 ( 6.2%) |
| Median Home Value | $382,831 |
| Average Home Value | $420,657 |
Housing Distribution
Address Breakdown
Residential
12,897
Single Family
10,765
Multi-Family
2,132
Businesses
1,172
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Listed by: Margaret P Fisher • Howard Hanna WNY Inc.
Mls Name: NYSAMLSs
Mls ID: #B1652486