428 Kennedy RdCheektowagaNY14227
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 428 Kennedy Rd, Cheektowaga, NY, 14227 uses $74,588 cash to close to unlock $1,029/yr annual cash flow and $86/mo monthly cash flow. Total monthly income runs $1,588/mo, and a $1,101/mo payment keeps the spread at $86/mo. Purchase price stands at $225,000, and rental yield measures 8.47% with $1,588/mo rent. Return on cash invested shows 21.29% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 110.89% and total cumulative return in cash records $82,713. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,588/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1965
6,969 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stacey Lewandowski • Keller Williams Realty Lancaster
Mls Name: NYSAMLSs
Mls ID: #B1628251