41 Melody Ln. Plan, Sky HarborCheektowagaNY14225
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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 41 Melody Ln. Plan, Sky Harbor, Cheektowaga, NY, 14225 offers a 9.43% rental yield on a $143,995 purchase with $1,132/mo rent. Total monthly income registers $1,132/mo, and a $705/mo payment leaves $170/mo available for distribution. Annual cash flow reaches $2,043/yr on $47,734 to close, and return on cash invested stands at 24.19% in year one. Equity gained on principal adds $929/yr while 5% annual appreciation supports $39,783 over five years. Portfolio math shows five-year ROI at 126.53% and total cumulative return in cash at $60,401. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,132/mo property income against a $705/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2025
N/A 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: N/A • Sun Homes
Mls Name: Sun Homes Manufactured
Mls Provider:
Mls ID: #N/A