4655 Chestnut RdNewfaneNY14108
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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 Newfane at 4655 Chestnut Rd, Newfane, NY, 14108 generates $3,085/mo in rent and, after a $1,713/mo payment, leaves $748/mo in cash flow. Total monthly income is $3,085/mo, and annual cash flow is $8,976/yr on $115,992 invested. Return on cash invested sits at 27.65% in year one, and rental yield is 10.58% on a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 145.02% and total cumulative return in cash sums $168,210. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,085/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
2.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14108, Newfane, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,533 (100%) |
| Owner Occupied HU | 1,996 (78.8%) |
| Renter Occupied HU | 380 (15.0%) |
| Vacant Housing Units | 157 ( 6.2%) |
| Median Home Value | $228,166 |
| Average Home Value | $258,903 |
Housing Distribution
Address Breakdown
Residential
2,333
Single Family
2,291
Multi-Family
42
Businesses
128
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