4545 Chestnut Ridge #109AAmherstNY14228
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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 Amherst at 4545 Chestnut Ridge #109A, Amherst, NY, 14228 offers a 15.8% rental yield on a $144,900 purchase with $1,908/mo rent. Total monthly income registers $1,908/mo, and a $709/mo payment leaves $941/mo available for distribution. Annual cash flow reaches $11,287/yr on $48,034 to close, and return on cash invested stands at 43.41% in year one. Equity gained on principal adds $935/yr while 5% annual appreciation supports $40,033 over five years. Portfolio math shows five-year ROI at 229.51% and total cumulative return in cash at $110,245. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,908/mo property income against a $709/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1969
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14228, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,085 (100%) |
| Owner Occupied HU | 4,665 (42.1%) |
| Renter Occupied HU | 5,604 (50.6%) |
| Vacant Housing Units | 816 ( 7.4%) |
| Median Home Value | $293,883 |
| Average Home Value | $351,771 |
Housing Distribution
Address Breakdown
Residential
10,612
Single Family
7,393
Multi-Family
3,219
Businesses
727
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