78 Michele DrDepewNY14043
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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 Depew at 78 Michele Dr, Depew, NY, 14043 priced at $266,600 pairs $2,214/mo rent with $434/mo cash flow after a $1,305/mo payment. Total monthly income equals $2,214/mo, and annual cash flow comes to $5,203/yr on $88,378 invested. Return on cash invested is 25.8% in year one, and rental yield stands at 9.97% on a $266,600 basis. Equity gained on principal adds $1,720/yr, and 5% annual appreciation accumulates to $73,657 by year five. Five-year ROI measures 135.08% and total cumulative return in cash reaches $119,378. For financing, Ziffy Mortgage’s DSCR program evaluates $2,214/mo property income against a $1,305/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1958
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14043, Depew, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,105 (100%) |
| Owner Occupied HU | 7,742 (64.0%) |
| Renter Occupied HU | 3,750 (31.0%) |
| Vacant Housing Units | 613 ( 5.1%) |
| Median Home Value | $220,562 |
| Average Home Value | $254,002 |
Housing Distribution
Address Breakdown
Residential
11,309
Single Family
10,335
Multi-Family
974
Businesses
845
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