676 N Ellicott Creek RdAmherstNY14228
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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 Amherst at 676 N Ellicott Creek Rd, Amherst, NY, 14228 with 5% annual appreciation on a $347,777 basis while $2,768/mo rent supports operations. Total monthly income totals $2,768/mo and a $1,702/mo payment preserves $446/mo for cash returns. Annual cash flow comes to $5,350/yr on $115,288 deployed, and return on cash invested reaches 24.55% in year one. Equity gained on principal adds $2,244/yr, and five-year appreciation sums $96,084 alongside rental yield of 9.55%. Five-year ROI measures 128.36% and total cumulative return in cash totals $147,984.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,768/mo property income versus a $1,702/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1955
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14228, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,085 (100%) |
| Owner Occupied HU | 4,665 (42.1%) |
| Renter Occupied HU | 5,604 (50.6%) |
| Vacant Housing Units | 816 ( 7.4%) |
| Median Home Value | $293,883 |
| Average Home Value | $351,771 |
Housing Distribution
Address Breakdown
Residential
10,612
Single Family
7,393
Multi-Family
3,219
Businesses
727
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