584 Borden RdCheektowagaNY14227
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Nearby investment properties with comparable prices
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 Cheektowaga at 584 Borden Rd, Cheektowaga, NY, 14227 offers $2,167/mo rent that, after a $1,223/mo payment, leaves $498/mo cash flow. Total monthly income is $2,167/mo, and annual cash flow is $5,980/yr on $82,842 cash. Return on cash invested measures 27.13% in year one, and rental yield stands at 10.41% at a $249,900 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,043 by year five. Five-year ROI records 142.24% and total cumulative return in cash reaches $117,830. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,167/mo property income versus a $1,223/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.51 Acres 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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Nearby investment properties with comparable prices
Listed by: Dexter Chow-Yuk • HUNT Real Estate Corporation
Mls Name: NYSAMLSs
Mls ID: #B1642458