88 Loretto DrCheektowagaNY14225
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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 Cheektowaga at 88 Loretto Dr, Cheektowaga, NY, 14225 listed at $160,600 pairs $1,937/mo rent with a $786/mo payment to leave $865/mo cash flow. Total monthly income runs $1,937/mo, and annual cash flow reaches $10,375/yr on $53,239 cash to close. Return on cash invested measures 39.4% in year one, and rental yield registers 14.47% at a $160,600 basis. Equity gained on principal adds $1,036/yr, and annual property appreciation at 5% supports $44,371 by year five. Five-year ROI tracks 208.04% and total cumulative return in cash totals $110,758. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,937/mo property income relative to a $786/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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: N/A • N/A
Mls Name: HUNT ERA Real Estate
Mls ID: #B1605502