3 Topaz CtEast 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 3 Topaz Ct, East Amherst, NY, 14051 priced at $425,000 converts $3,673/mo rent into $835/mo cash flow after a $2,080/mo obligation. Total monthly income equals $3,673/mo, and annual cash flow totals $10,021/yr on $140,888 invested. Return on cash invested prints 27.02% in year one, and rental yield reads 10.37% against a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,420 by year five. Five-year ROI reaches 141.66% and total cumulative return in cash sums $199,577. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,673/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Single Family
Built in 1986
10,500 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: Amy L Benjamin • HUNT Real Estate Corporation
Mls Name: NYSAMLSs
Mls ID: #B1641994