4 Appletree Ct APT 1CheektowagaNY14227
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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 4 Appletree Ct APT 1, Cheektowaga, NY, 14227 uses $56,322 cash to close to unlock $6,576/yr annual cash flow and $548/mo monthly cash flow. Total monthly income runs $1,683/mo, and a $832/mo payment keeps the spread at $548/mo. Purchase price stands at $169,900, and rental yield measures 11.89% with $1,683/mo rent. Return on cash invested shows 31.58% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 166.19% and total cumulative return in cash records $93,602. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,683/mo property income covering a $832/mo payment rather than investor’s personal income.
Condo
Built in 1990
435.60 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: Enas L Latif • HUNT Real Estate Corporation
Mls Name: NYSAMLSs
Mls ID: #B1620824