89 White RdCheektowagaNY14225
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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 89 White Rd, Cheektowaga, NY, 14225 uses $71,273 cash to close to unlock $859/yr annual cash flow and $72/mo monthly cash flow. Total monthly income runs $1,507/mo, and a $1,052/mo payment keeps the spread at $72/mo. Purchase price stands at $215,000, and rental yield measures 8.41% with $1,507/mo rent. Return on cash invested shows 21.11% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 109.96% and total cumulative return in cash records $78,373. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,507/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Single Family
Built in 1955
7,405 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: Christine M McLennan • Keller Williams Realty Lancaster
Mls Name: NYSAMLSs
Mls ID: #B1646761