255 Old Meadow DrEast 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
Rental property for sale in East Amherst at 255 Old Meadow Dr, East Amherst, NY, 14051 priced at $328,900 pairs $2,501/mo rent with $304/mo cash flow after a $1,610/mo payment. Total monthly income equals $2,501/mo, and annual cash flow comes to $3,654/yr on $109,030 invested. Return on cash invested is 23.26% in year one, and rental yield stands at 9.12% on a $328,900 basis. Equity gained on principal adds $2,122/yr, and 5% annual appreciation accumulates to $90,869 by year five. Five-year ROI measures 121.48% and total cumulative return in cash reaches $132,445. For financing, Ziffy Mortgage’s DSCR program evaluates $2,501/mo property income against a $1,610/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1974
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: Patrick Polino • Augustus Real Estate Services LLC
Mls Name: NYSAMLSs
Mls ID: #B1639624