701 Forest Edge DrEast AmherstNY14051
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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 East Amherst at 701 Forest Edge Dr, East Amherst, NY, 14051 uses $102,732 cash to close to unlock $6,676/yr annual cash flow and $556/mo monthly cash flow. Total monthly income runs $2,626/mo, and a $1,517/mo payment keeps the spread at $556/mo. Purchase price stands at $309,900, and rental yield measures 10.17% with $2,626/mo rent. Return on cash invested shows 26.41% in year one, and 5% annual appreciation builds toward $85,620 over five years. Five-year ROI reaches 138.35% and total cumulative return in cash records $142,128. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,626/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Townhouse
Built in 1993
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14051, East Amherst, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,596 (100%) |
| Owner Occupied HU | 6,814 (79.3%) |
| Renter Occupied HU | 1,453 (16.9%) |
| Vacant Housing Units | 329 ( 3.8%) |
| Median Home Value | $394,038 |
| Average Home Value | $427,004 |
Housing Distribution
Address Breakdown
Residential
8,434
Single Family
7,958
Multi-Family
476
Businesses
505
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Listed by: Lisa Fogarty • Howard Hanna WNY Inc.
Mls Name: NYSAMLSs
Mls ID: #B1659689