403 Tremont AveKenmoreNY14217
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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 Kenmore at 403 Tremont Ave, Kenmore, NY, 14217 generates $2,842/mo in rent and, after a $881/mo payment, leaves $1,640/mo in cash flow. Total monthly income is $2,842/mo, and annual cash flow is $19,680/yr on $59,670 invested. Return on cash invested sits at 52.89% in year one, and rental yield is 18.95% on a $179,999 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation builds toward $49,730 over five years. Five-year ROI reaches 280.31% and total cumulative return in cash sums $167,260. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,842/mo property income rather than buyer’s personal income.
Single Family
Built in 1926
4,024 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14217, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,235 (100%) |
| Owner Occupied HU | 6,827 (60.8%) |
| Renter Occupied HU | 3,737 (33.3%) |
| Vacant Housing Units | 671 ( 6.0%) |
| Median Home Value | $217,432 |
| Average Home Value | $309,655 |
Housing Distribution
Address Breakdown
Residential
10,196
Single Family
8,784
Multi-Family
1,412
Businesses
685
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Listed by: Marsha J McCarthy • HUNT Real Estate Corporation
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #B1556227
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