31 Ludwig AveWest SenecaNY14224
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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 West Seneca at 31 Ludwig Ave, West Seneca, NY, 14224 earns $209/mo cash flow from $1,511/mo rent with a $954/mo payment. Total monthly income totals $1,511/mo, and annual cash flow totals $2,511/yr on $64,643 capital. ROI tracks 23.79% on current figures, and rental yield reads 9.3% at a $195,000 purchase. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,875 over five years. Five-year ROI reaches 124.37% and total cumulative return in cash sums $80,398. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,511/mo property income instead of your personal income.
Single Family
Built in 1947
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14224, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,712 (100%) |
| Owner Occupied HU | 13,319 (71.2%) |
| Renter Occupied HU | 4,397 (23.5%) |
| Vacant Housing Units | 996 ( 5.3%) |
| Median Home Value | $255,098 |
| Average Home Value | $291,278 |
Housing Distribution
Address Breakdown
Residential
18,223
Single Family
15,508
Multi-Family
2,715
Businesses
1,195
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Listed by: Kevin Farrell • REMAX North
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #B1595435
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