31 Greengage CirEast 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
Investment property for sale in East Amherst at 31 Greengage Cir, East Amherst, NY, 14051 earns $74/mo cash flow from $1,844/mo rent with a $1,297/mo payment. Total monthly income totals $1,844/mo, and annual cash flow totals $893/yr on $87,848 capital. ROI tracks 20.93% on current figures, and rental yield reads 8.35% at a $265,000 purchase. Equity gained on principal adds $1,710/yr, and 5% annual appreciation supports $73,215 over five years. Five-year ROI reaches 108.96% and total cumulative return in cash sums $95,715. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,844/mo property income instead of your personal income.
Single Family
Built in 1984
7,801 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: Kiersten Minnick • Keller Williams Realty WNY
Mls Name: NYSAMLSs
Mls ID: #B1654287