31 Park Lane CtWilliamsvilleNY14221
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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 Williamsville at 31 Park Lane Ct, Williamsville, NY, 14221 offers $1,898/mo rent that, after a $881/mo payment, leaves $696/mo cash flow. Total monthly income is $1,898/mo, and annual cash flow is $8,354/yr on $59,637 cash. Return on cash invested measures 33.92% in year one, and rental yield stands at 12.66% at a $179,900 entry. Equity gained on principal adds $1,161/yr while 5% annual appreciation compounds into $49,703 by year five. Five-year ROI records 178.66% and total cumulative return in cash reaches $106,545. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,898/mo property income versus a $881/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1962
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14221, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,108 (100%) |
| Owner Occupied HU | 17,359 (69.1%) |
| Renter Occupied HU | 6,235 (24.8%) |
| Vacant Housing Units | 1,514 ( 6.0%) |
| Median Home Value | $342,209 |
| Average Home Value | $378,674 |
Housing Distribution
Address Breakdown
Residential
24,019
Single Family
19,051
Multi-Family
4,968
Businesses
2,271
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Listed by: Robyn Sansone • WNYbyOwner.com
Mls Name: NYSAMLSs
Mls ID: #B1627730