84 Loretto DrCheektowagaNY14225
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Cheektowaga at 84 Loretto Dr, Cheektowaga, NY, 14225 at $185,000 posts ROI 24.65% with $242/mo cash flow from $1,477/mo rent. Total monthly income equals $1,477/mo, and annual cash flow records $2,905/yr on $61,328 to close. Return on cash invested measures 24.65% and rental yield reads 9.58% at the current $185,000. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 by year five. Five-year ROI prints 128.97% and total cumulative return in cash totals $79,095.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,477/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1952
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14225, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,859 (100%) |
| Owner Occupied HU | 11,130 (66.0%) |
| Renter Occupied HU | 4,646 (27.6%) |
| Vacant Housing Units | 1,083 ( 6.4%) |
| Median Home Value | $182,061 |
| Average Home Value | $268,332 |
Housing Distribution
Address Breakdown
Residential
15,114
Single Family
14,257
Multi-Family
857
Businesses
1,430
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Listed by: Megan Dodge • HUNT Real Estate Corporation
Mls Name: NYSAMLSs
Mls ID: #B1652315