356 Hendricks BlvdAmherstNY14226
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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 356 Hendricks Blvd, Amherst, NY, 14226 generates $2,714/mo in rent and, after a $1,101/mo payment, leaves $1,212/mo in cash flow. Total monthly income is $2,714/mo, and annual cash flow is $14,543/yr on $74,554 invested. Return on cash invested sits at 39.42% in year one, and rental yield is 14.48% on a $224,900 entry. Equity gained on principal adds $1,451/yr, while 5% annual appreciation builds toward $62,136 over five years. Five-year ROI reaches 208.07% and total cumulative return in cash sums $155,125. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,714/mo property income rather than buyer’s personal income.
Single Family
Built in 1942
7,248 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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Listed by: Bethany Botzenhart • Howard Hanna WNY Inc
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #B1571955
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