46 Long AveCheektowagaNY14225
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
Rental property for sale in Cheektowaga at 46 Long Ave, Cheektowaga, NY, 14225 priced at $175,000 pairs $1,401/mo rent with $232/mo cash flow after a $857/mo payment. Total monthly income equals $1,401/mo, and annual cash flow comes to $2,783/yr on $58,013 invested. Return on cash invested is 24.71% in year one, and rental yield stands at 9.61% on a $175,000 basis. Equity gained on principal adds $1,129/yr, and 5% annual appreciation accumulates to $48,349 by year five. Five-year ROI measures 129.21% and total cumulative return in cash reaches $74,959. For financing, Ziffy Mortgage’s DSCR program evaluates $1,401/mo property income against a $857/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
3,484 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Samantha E Muscato • Iconic Real Estate
Mls Name: NYSAMLSs
Mls ID: #B1636347