90 Carriage Dr APT 5Orchard ParkNY14127
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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 Orchard Park at 90 Carriage Dr APT 5, Orchard Park, NY, 14127 offers a 11.13% rental yield on a $214,900 purchase with $1,994/mo rent. Total monthly income registers $1,994/mo, and a $1,052/mo payment leaves $559/mo available for distribution. Annual cash flow reaches $6,705/yr on $71,239 to close, and return on cash invested stands at 29.32% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,373 over five years. Portfolio math shows five-year ROI at 153.97% and total cumulative return in cash at $109,686. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,994/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1973
0.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14127, Orchard Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,451 (100%) |
| Owner Occupied HU | 9,466 (70.4%) |
| Renter Occupied HU | 3,153 (23.4%) |
| Vacant Housing Units | 832 ( 6.2%) |
| Median Home Value | $382,831 |
| Average Home Value | $420,657 |
Housing Distribution
Address Breakdown
Residential
12,897
Single Family
10,765
Multi-Family
2,132
Businesses
1,172
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Listed by: Nancy M Barry • Howard Hanna WNY Inc.
Mls Name: NYSAMLSs
Mls ID: #B1653256