470 Hemstreet RdElmaNY14052
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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 Elma at 470 Hemstreet Rd, Elma, NY, 14052 listed at $489,900 pairs $4,152/mo rent with a $2,398/mo payment to leave $880/mo cash flow. Total monthly income runs $4,152/mo, and annual cash flow reaches $10,564/yr on $162,402 cash to close. Return on cash invested measures 26.41% in year one, and rental yield registers 10.17% at a $489,900 basis. Equity gained on principal adds $3,161/yr, and annual property appreciation at 5% supports $135,350 by year five. Five-year ROI tracks 138.38% and total cumulative return in cash totals $224,729. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,152/mo property income relative to a $2,398/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1966
2.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14052, East Aurora, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,537 (100%) |
| Owner Occupied HU | 5,923 (78.6%) |
| Renter Occupied HU | 1,175 (15.6%) |
| Vacant Housing Units | 439 ( 5.8%) |
| Median Home Value | $366,803 |
| Average Home Value | $419,309 |
Housing Distribution
Address Breakdown
Residential
7,329
Single Family
6,992
Multi-Family
337
Businesses
618
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