58 Suzette DrCheektowagaNY14227
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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 58 Suzette Dr, Cheektowaga, NY, 14227 with 5% annual appreciation on a $229,900 basis while $1,558/mo rent supports operations. Total monthly income totals $1,558/mo and a $1,125/mo payment preserves $23/mo for cash returns. Annual cash flow comes to $276/yr on $76,212 deployed, and return on cash invested reaches 20.27% in year one. Equity gained on principal adds $1,484/yr, and five-year appreciation sums $63,517 alongside rental yield of 8.13%. Five-year ROI measures 105.49% and total cumulative return in cash totals $80,399.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,558/mo property income versus a $1,125/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1967
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14227, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,533 (100%) |
| Owner Occupied HU | 7,068 (61.3%) |
| Renter Occupied HU | 3,847 (33.4%) |
| Vacant Housing Units | 618 ( 5.4%) |
| Median Home Value | $220,172 |
| Average Home Value | $270,147 |
Housing Distribution
Address Breakdown
Residential
10,839
Single Family
8,355
Multi-Family
2,484
Businesses
465
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Listed by: Adrianna Redman • Howard Hanna WNY Inc.
Mls Name: NYSAMLSs
Mls ID: #B1634616