227 Greenway BlvdCheektowagaNY14225
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 Cheektowaga at 227 Greenway Blvd, Cheektowaga, NY, 14225 priced at $295,900 pairs $2,400/mo rent with $424/mo cash flow after a $1,448/mo payment. Total monthly income equals $2,400/mo, and annual cash flow comes to $5,092/yr on $98,091 invested. Return on cash invested is 25.1% in year one, and rental yield stands at 9.73% on a $295,900 basis. Equity gained on principal adds $1,909/yr, and 5% annual appreciation accumulates to $81,752 by year five. Five-year ROI measures 131.35% and total cumulative return in cash reaches $128,841. For financing, Ziffy Mortgage’s DSCR program evaluates $2,400/mo property income against a $1,448/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1957
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14225, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,859 (100%) |
| Owner Occupied HU | 11,130 (66.0%) |
| Renter Occupied HU | 4,646 (27.6%) |
| Vacant Housing Units | 1,083 ( 6.4%) |
| Median Home Value | $182,061 |
| Average Home Value | $268,332 |
Housing Distribution
Address Breakdown
Residential
15,114
Single Family
14,257
Multi-Family
857
Businesses
1,430
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeffrey Buchholz • Realty ONE Group Empower
Mls Name: NYSAMLSs
Mls ID: #B1635112