96 Penwood DrCheektowagaNY14227
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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
Total monthly income runs $3,031/mo, and a $2,398/mo payment. Purchase price stands at $490,000, and rental yield measures 7.42% with $3,031/mo rent. Return on cash invested shows 18.13% in year one, and 5% annual appreciation builds toward $135,378 over five years. Five-year ROI reaches 93.96% and total cumulative return in cash records $152,628. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,031/mo property income covering a $2,398/mo payment rather than investor’s personal income.
Single Family
Built in 2025
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14227, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,533 (100%) |
| Owner Occupied HU | 7,068 (61.3%) |
| Renter Occupied HU | 3,847 (33.4%) |
| Vacant Housing Units | 618 ( 5.4%) |
| Median Home Value | $220,172 |
| Average Home Value | $270,147 |
Housing Distribution
Address Breakdown
Residential
10,839
Single Family
8,355
Multi-Family
2,484
Businesses
465
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Listed by: Colby Garza • HUNT Real Estate Corporation
Mls Name: NYSAMLSs
Mls ID: #B1648875