82 Bernice DrWest SenecaNY14224
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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 West Seneca at 82 Bernice Dr, West Seneca, NY, 14224 priced at $275,000 converts $2,659/mo rent into $823/mo cash flow after a $1,346/mo obligation. Total monthly income equals $2,659/mo, and annual cash flow totals $9,871/yr on $91,163 invested. Return on cash invested prints 30.74% in year one, and rental yield reads 11.6% against a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation compiles into $75,977 by year five. Five-year ROI reaches 161.55% and total cumulative return in cash sums $147,275. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,659/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Single Family
Built in 1968
9,278 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14224, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,712 (100%) |
| Owner Occupied HU | 13,319 (71.2%) |
| Renter Occupied HU | 4,397 (23.5%) |
| Vacant Housing Units | 996 ( 5.3%) |
| Median Home Value | $255,098 |
| Average Home Value | $291,278 |
Housing Distribution
Address Breakdown
Residential
18,223
Single Family
15,508
Multi-Family
2,715
Businesses
1,195
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Listed by: Martha B Szczygiel • Howard Hanna WNY Inc.
Mls Name: NYSAMLSs
Mls ID: #B1636430