24 Coolbrook Ct #DEast AmherstNY14051
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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
Investment property for sale in East Amherst at 24 Coolbrook Ct #D, East Amherst, NY, 14051 uses $56,322 cash to close to unlock $17,856/yr annual cash flow and $1,488/mo monthly cash flow. Total monthly income runs $2,623/mo, and a $832/mo payment keeps the spread at $1,488/mo. Purchase price stands at $169,900, and rental yield measures 18.53% with $2,623/mo rent. Return on cash invested shows 51.61% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 273.59% and total cumulative return in cash records $154,094. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,623/mo property income covering a $832/mo payment rather than investor’s personal income.
Condo
Built in 1973
1,306 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
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Listed by: Enas L Latif • HUNT Real Estate Corporation
Mls Name: NYSAMLSs
Mls ID: #B1635790