3340 Genesee StCheektowagaNY14225
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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 3340 Genesee St, Cheektowaga, NY, 14225 generates $1,813/mo in rent and, after a $1,223/mo payment, leaves $144/mo in cash flow. Total monthly income is $1,813/mo, and annual cash flow is $1,732/yr on $82,842 invested. Return on cash invested sits at 22% in year one, and rental yield is 8.71% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 114.71% and total cumulative return in cash sums $95,030. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,813/mo property income rather than buyer’s personal income.
Multi Family
Built in 1930
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14225, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,859 (100%) |
| Owner Occupied HU | 11,130 (66.0%) |
| Renter Occupied HU | 4,646 (27.6%) |
| Vacant Housing Units | 1,083 ( 6.4%) |
| Median Home Value | $182,061 |
| Average Home Value | $268,332 |
Housing Distribution
Address Breakdown
Residential
15,114
Single Family
14,257
Multi-Family
857
Businesses
1,430
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Listed by: Andrew D Donius • Keller Williams Realty WNY
Mls Name: NYSAMLSs
Mls ID: #B1639572