21 Coolbrook Ct #AEast AmherstNY14051
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 East Amherst at 21 Coolbrook Ct #A, East Amherst, NY, 14051 with 5% annual appreciation on a $155,000 basis while $1,175/mo rent supports operations. Total monthly income totals $1,175/mo and a $759/mo payment preserves $140/mo for cash returns. Annual cash flow comes to $1,675/yr on $51,383 deployed, and return on cash invested reaches 23.17% in year one. Equity gained on principal adds $1,000/yr, and five-year appreciation sums $42,824 alongside rental yield of 9.1%. Five-year ROI measures 121.01% and total cumulative return in cash totals $62,176.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,175/mo property income versus a $759/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1973
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14051, East Amherst, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,596 (100%) |
| Owner Occupied HU | 6,814 (79.3%) |
| Renter Occupied HU | 1,453 (16.9%) |
| Vacant Housing Units | 329 ( 3.8%) |
| Median Home Value | $394,038 |
| Average Home Value | $427,004 |
Housing Distribution
Address Breakdown
Residential
8,434
Single Family
7,958
Multi-Family
476
Businesses
505
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ryan Burke • WNY Metro Roberts Realty
Mls Name: NYSAMLSs
Mls ID: #B1635975