232 Callodine AveAmherstNY14226
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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 Amherst at 232 Callodine Ave, Amherst, NY, 14226 priced at $250,000 pairs $1,618/mo rent with after a $1,224/mo payment. Total monthly income equals $1,618/mo. Return on cash invested is 19.16% in year one, and rental yield stands at 7.77% on a $250,000 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,070 by year five. Five-year ROI measures 99.52% and total cumulative return in cash reaches $82,474. For financing, Ziffy Mortgage’s DSCR program evaluates $1,618/mo property income against a $1,224/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1949
4,369 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14226, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,744 (100%) |
| Owner Occupied HU | 8,892 (64.7%) |
| Renter Occupied HU | 4,105 (29.9%) |
| Vacant Housing Units | 747 ( 5.4%) |
| Median Home Value | $275,790 |
| Average Home Value | $350,919 |
Housing Distribution
Address Breakdown
Residential
12,776
Single Family
11,024
Multi-Family
1,752
Businesses
1,133
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