6067 East AveNewfaneNY14108
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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 Newfane at 6067 East Ave, Newfane, NY, 14108 generates $1,512/mo in rent and, after a $1,047/mo payment, leaves $84/mo in cash flow. Total monthly income is $1,512/mo, and annual cash flow is $1,003/yr on $70,908 invested. Return on cash invested sits at 21.32% in year one, and rental yield is 8.48% on a $213,900 entry. Equity gained on principal adds $1,380/yr, while 5% annual appreciation builds toward $59,097 over five years. Five-year ROI reaches 111.09% and total cumulative return in cash sums $78,772. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,512/mo property income rather than buyer’s personal income.
Single Family
Built in 1880
10,789 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14108, Newfane, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,533 (100%) |
| Owner Occupied HU | 1,996 (78.8%) |
| Renter Occupied HU | 380 (15.0%) |
| Vacant Housing Units | 157 ( 6.2%) |
| Median Home Value | $228,166 |
| Average Home Value | $258,903 |
Housing Distribution
Address Breakdown
Residential
2,333
Single Family
2,291
Multi-Family
42
Businesses
128
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