63 Constance LnCheektowagaNY14227
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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 Cheektowaga at 63 Constance Ln, Cheektowaga, NY, 14227 priced at $269,000 pairs $2,182/mo rent with $385/mo cash flow after a $1,317/mo payment. Total monthly income equals $2,182/mo, and annual cash flow comes to $4,623/yr on $89,174 invested. Return on cash invested is 25.09% in year one, and rental yield stands at 9.73% on a $269,000 basis. Equity gained on principal adds $1,736/yr, and 5% annual appreciation accumulates to $74,320 by year five. Five-year ROI measures 131.31% and total cumulative return in cash reaches $117,095. For financing, Ziffy Mortgage’s DSCR program evaluates $2,182/mo property income against a $1,317/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1964
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: Nathan Accurso • Realty ONE Group Empower
Mls Name: NYSAMLSs
Mls ID: #B1652636