316 Bernhardt DrAmherstNY14226
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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 Amherst at 316 Bernhardt Dr, Amherst, NY, 14226 priced at $329,900 converts $2,791/mo rent into $588/mo cash flow after a $1,615/mo obligation. Total monthly income equals $2,791/mo, and annual cash flow totals $7,052/yr on $109,362 invested. Return on cash invested prints 26.36% in year one, and rental yield reads 10.15% against a $329,900 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation compiles into $91,145 by year five. Five-year ROI reaches 138.07% and total cumulative return in cash sums $150,999. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,791/mo property income covering a $1,615/mo payment, not borrower’s personal income.
Single Family
Built in 1947
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14226, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,744 (100%) |
| Owner Occupied HU | 8,892 (64.7%) |
| Renter Occupied HU | 4,105 (29.9%) |
| Vacant Housing Units | 747 ( 5.4%) |
| Median Home Value | $275,790 |
| Average Home Value | $350,919 |
Housing Distribution
Address Breakdown
Residential
12,776
Single Family
11,024
Multi-Family
1,752
Businesses
1,133
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