7308 Chestnut Ridge RdOrchard ParkNY14127
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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 Orchard Park at 7308 Chestnut Ridge Rd, Orchard Park, NY, 14127 priced at $689,900 converts $6,820/mo rent into $2,213/mo cash flow after a $3,377/mo obligation. Total monthly income equals $6,820/mo, and annual cash flow totals $26,552/yr on $226,977 invested. Return on cash invested prints 31.76% in year one, and rental yield reads 11.86% against a $689,900 entry. Equity gained on principal adds $4,452/yr, while 5% annual appreciation compiles into $190,607 by year five. Five-year ROI reaches 167% and total cumulative return in cash sums $379,045. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,820/mo property income covering a $3,377/mo payment, not borrower’s personal income.
Single Family
Built in 2000
1.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14127, Orchard Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,451 (100%) |
| Owner Occupied HU | 9,466 (70.4%) |
| Renter Occupied HU | 3,153 (23.4%) |
| Vacant Housing Units | 832 ( 6.2%) |
| Median Home Value | $382,831 |
| Average Home Value | $420,657 |
Housing Distribution
Address Breakdown
Residential
12,897
Single Family
10,765
Multi-Family
2,132
Businesses
1,172
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Listed by: Brian Hillery • HUNT Real Estate Corporation
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #B1555680
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