4745 Chestnut Ridge Rd APT 8BuffaloNY14228
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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 Buffalo at 4745 Chestnut Ridge Rd APT 8, Buffalo, NY, 14228 offers a 9.18% rental yield on a $185,900 purchase with $1,422/mo rent. Total monthly income registers $1,422/mo, and a $910/mo payment leaves $180/mo available for distribution. Annual cash flow reaches $2,166/yr on $61,626 to close, and return on cash invested stands at 23.42% in year one. Equity gained on principal adds $1,200/yr while 5% annual appreciation supports $51,361 over five years. Portfolio math shows five-year ROI at 122.38% and total cumulative return in cash at $75,417. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,422/mo property income against a $910/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1987
4.10 Acres 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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