270 Buffalo Rd APT 60East AuroraNY14052
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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 Aurora at 270 Buffalo Rd APT 60, East Aurora, NY, 14052 uses $84,499 cash to close to unlock $6,881/yr annual cash flow and $573/mo monthly cash flow. Total monthly income runs $2,276/mo, and a $1,248/mo payment keeps the spread at $573/mo. Purchase price stands at $254,900, and rental yield measures 10.71% with $2,276/mo rent. Return on cash invested shows 28.05% in year one, and 5% annual appreciation builds toward $70,424 over five years. Five-year ROI reaches 147.18% and total cumulative return in cash records $124,368. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,276/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Condo
Built in 1986
967.03 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14052, East Aurora, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,537 (100%) |
| Owner Occupied HU | 5,923 (78.6%) |
| Renter Occupied HU | 1,175 (15.6%) |
| Vacant Housing Units | 439 ( 5.8%) |
| Median Home Value | $366,803 |
| Average Home Value | $419,309 |
Housing Distribution
Address Breakdown
Residential
7,329
Single Family
6,992
Multi-Family
337
Businesses
618
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Listed by: Scott Hamlin More • WNY Metro Roberts Realty
Mls Name: NYSAMLSs
Mls ID: #B1622514