89 Devon LnWilliamsvilleNY14221
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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 Williamsville at 89 Devon Ln, Williamsville, NY, 14221 uses $104,423 cash to close to unlock $8,211/yr annual cash flow and $684/mo monthly cash flow. Total monthly income runs $2,788/mo, and a $1,542/mo payment keeps the spread at $684/mo. Purchase price stands at $315,000, and rental yield measures 10.62% with $2,788/mo rent. Return on cash invested shows 27.77% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 145.69% and total cumulative return in cash records $152,129. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,788/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Single Family
Built in 1961
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14221, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,108 (100%) |
| Owner Occupied HU | 17,359 (69.1%) |
| Renter Occupied HU | 6,235 (24.8%) |
| Vacant Housing Units | 1,514 ( 6.0%) |
| Median Home Value | $342,209 |
| Average Home Value | $378,674 |
Housing Distribution
Address Breakdown
Residential
24,019
Single Family
19,051
Multi-Family
4,968
Businesses
2,271
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Listed by: Jennifer R Goetz • Keller Williams Realty WNY
Mls Name: NYSAMLSs
Mls ID: #B1631617