27 Vern LnCheektowagaNY14227
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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 27 Vern Ln, Cheektowaga, NY, 14227 generates $2,068/mo in rent and, after a $1,468/mo payment, leaves $65/mo in cash flow. Total monthly income is $2,068/mo, and annual cash flow is $782/yr on $99,417 invested. Return on cash invested sits at 20.7% in year one, and rental yield is 8.27% on a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 107.73% and total cumulative return in cash sums $107,104. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,068/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
7,840 sqft 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: Matthew Guariglia • Towne Housing Real Estate
Mls Name: NYSAMLSs
Mls ID: #B1637526