32 Pebble Creek 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
Rental property for sale in Cheektowaga at 32 Pebble Creek Dr, Cheektowaga, NY, 14227 offers $1,396/mo rent that, after a $974/mo payment, leaves $67/mo cash flow. Total monthly income is $1,396/mo, and annual cash flow is $805/yr on $65,969 cash. Return on cash invested measures 21.13% in year one, and rental yield stands at 8.42% at a $199,000 entry. Equity gained on principal adds $1,284/yr while 5% annual appreciation compounds into $54,980 by year five. Five-year ROI records 110.1% and total cumulative return in cash reaches $72,630. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,396/mo property income versus a $974/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1977
1,306 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: Ryan Maloney • Nichol City Realty
Mls Name: NYSAMLSs
Mls ID: #B1653826