2404 Union RdCheektowagaNY14227
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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 Cheektowaga at 2404 Union Rd, Cheektowaga, NY, 14227 priced at $249,900 pairs $1,922/mo rent with $253/mo cash flow after a $1,223/mo payment. Total monthly income equals $1,922/mo, and annual cash flow comes to $3,040/yr on $82,842 invested. Return on cash invested is 23.58% in year one, and rental yield stands at 9.23% on a $249,900 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,043 by year five. Five-year ROI measures 123.2% and total cumulative return in cash reaches $102,062. For financing, Ziffy Mortgage’s DSCR program evaluates $1,922/mo property income against a $1,223/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1954
1.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14227, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,533 (100%) |
| Owner Occupied HU | 7,068 (61.3%) |
| Renter Occupied HU | 3,847 (33.4%) |
| Vacant Housing Units | 618 ( 5.4%) |
| Median Home Value | $220,172 |
| Average Home Value | $270,147 |
Housing Distribution
Address Breakdown
Residential
10,839
Single Family
8,355
Multi-Family
2,484
Businesses
465
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Listed by: Chrystal A Manzare • Howard Hanna WNY Inc.
Mls Name: NYSAMLSs
Mls ID: #B1646424