240 Callodine AveAmherstNY14226
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 Amherst at 240 Callodine Ave, Amherst, NY, 14226 at $275,000 posts ROI 19.11% with from $1,776/mo rent. Total monthly income equals $1,776/mo. Return on cash invested measures 19.11% and rental yield reads 7.75% at the current $275,000. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 by year five. Five-year ROI prints 99.22% and total cumulative return in cash totals $90,455. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,776/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1948
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices