50 Olcott PlCheektowagaNY14225
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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 Cheektowaga at 50 Olcott Pl, Cheektowaga, NY, 14225 with 5% annual appreciation on a $129,900 basis while $1,019/mo rent supports operations. Total monthly income totals $1,019/mo and a $636/mo payment preserves $151/mo for cash returns. Annual cash flow comes to $1,816/yr on $43,062 deployed, and return on cash invested reaches 24.13% in year one. Equity gained on principal adds $838/yr, and five-year appreciation sums $35,889 alongside rental yield of 9.41%. Five-year ROI measures 126.2% and total cumulative return in cash totals $54,343.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,019/mo property income versus a $636/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1918
3,920 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
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Listed by: Sandra Elliston • Century 21 North East
Mls Name: NYSAMLSs
Mls ID: #B1629913