23 Highland DrEast AuroraNY14052
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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 East Aurora at 23 Highland Dr, East Aurora, NY, 14052 priced at $475,000 converts $2,914/mo rent into after a $2,325/mo obligation. Total monthly income equals $2,914/mo. Return on cash invested prints 17.94% in year one, and rental yield reads 7.36% against a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation compiles into $131,234 by year five. Five-year ROI reaches 92.93% and total cumulative return in cash sums $146,335. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,914/mo property income covering a $2,325/mo payment, not borrower’s personal income.
Single Family
Built in 1954
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14052, East Aurora, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,537 (100%) |
| Owner Occupied HU | 5,923 (78.6%) |
| Renter Occupied HU | 1,175 (15.6%) |
| Vacant Housing Units | 439 ( 5.8%) |
| Median Home Value | $366,803 |
| Average Home Value | $419,309 |
Housing Distribution
Address Breakdown
Residential
7,329
Single Family
6,992
Multi-Family
337
Businesses
618
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