324 River StDepewNY14043
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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 Depew at 324 River St, Depew, NY, 14043 offers a 13.84% rental yield on a $181,250 purchase with $2,090/mo rent. Total monthly income registers $2,090/mo, and a $887/mo payment leaves $880/mo available for distribution. Annual cash flow reaches $10,557/yr on $60,084 to close, and return on cash invested stands at 37.48% in year one. Equity gained on principal adds $1,170/yr while 5% annual appreciation supports $50,076 over five years. Portfolio math shows five-year ROI at 197.7% and total cumulative return in cash at $118,789. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,090/mo property income against a $887/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1927
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14043, Depew, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,105 (100%) |
| Owner Occupied HU | 7,742 (64.0%) |
| Renter Occupied HU | 3,750 (31.0%) |
| Vacant Housing Units | 613 ( 5.1%) |
| Median Home Value | $220,562 |
| Average Home Value | $254,002 |
Housing Distribution
Address Breakdown
Residential
11,309
Single Family
10,335
Multi-Family
974
Businesses
845
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