32 Lordan DrCheektowagaNY14227
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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 Cheektowaga at 32 Lordan Dr, Cheektowaga, NY, 14227 listed at $259,900 pairs $2,284/mo rent with a $1,272/mo payment to leave $549/mo cash flow. Total monthly income runs $2,284/mo, and annual cash flow reaches $6,582/yr on $86,157 cash to close. Return on cash invested measures 27.55% in year one, and rental yield registers 10.55% at a $259,900 basis. Equity gained on principal adds $1,677/yr, and annual property appreciation at 5% supports $71,806 by year five. Five-year ROI tracks 144.47% and total cumulative return in cash totals $124,474. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,284/mo property income relative to a $1,272/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1968
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14227, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,533 (100%) |
| Owner Occupied HU | 7,068 (61.3%) |
| Renter Occupied HU | 3,847 (33.4%) |
| Vacant Housing Units | 618 ( 5.4%) |
| Median Home Value | $220,172 |
| Average Home Value | $270,147 |
Housing Distribution
Address Breakdown
Residential
10,839
Single Family
8,355
Multi-Family
2,484
Businesses
465
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Listed by: Maureen Berbary • HUNT Real Estate Corporation
Mls Name: NYSAMLSs
Mls ID: #B1629523