5291 Chestnut Ridge Rd APT EOrchard ParkNY14127
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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 Orchard Park at 5291 Chestnut Ridge Rd APT E, Orchard Park, NY, 14127 generates $1,961/mo in rent and, after a $1,008/mo payment, leaves $586/mo in cash flow. Total monthly income is $1,961/mo, and annual cash flow is $7,030/yr on $68,256 invested. Return on cash invested sits at 30.21% in year one, and rental yield is 11.43% on a $205,900 entry. Equity gained on principal adds $1,329/yr, while 5% annual appreciation builds toward $56,886 over five years. Five-year ROI reaches 158.72% and total cumulative return in cash sums $108,336. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,961/mo property income rather than buyer’s personal income.
Condo
Built in 1984
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14127, Orchard Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,451 (100%) |
| Owner Occupied HU | 9,466 (70.4%) |
| Renter Occupied HU | 3,153 (23.4%) |
| Vacant Housing Units | 832 ( 6.2%) |
| Median Home Value | $382,831 |
| Average Home Value | $420,657 |
Housing Distribution
Address Breakdown
Residential
12,897
Single Family
10,765
Multi-Family
2,132
Businesses
1,172
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Listed by: Jan Kennedy • WNY Metro Roberts Realty
Mls Name: NYSAMLSs
Mls ID: #B1629209