1042 ElmwoodBuffaloNY14222
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 $2,328/mo, and a $2,129/mo payment. Purchase price stands at $434,900, and rental yield measures 6.42% with $2,328/mo rent. Return on cash invested shows 15.11% in year one, and 5% annual appreciation builds toward $120,155 over five years. Five-year ROI reaches 77.75% and total cumulative return in cash records $112,097. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,328/mo property income covering a $2,129/mo payment rather than investor’s personal income.
Multi Family
Built in 1900
3,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14222, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,155 (100%) |
| Owner Occupied HU | 2,328 (28.5%) |
| Renter Occupied HU | 5,019 (61.5%) |
| Vacant Housing Units | 808 ( 9.9%) |
| Median Home Value | $475,544 |
| Average Home Value | $513,244 |
Housing Distribution
Address Breakdown
Residential
6,560
Single Family
4,246
Multi-Family
2,314
Businesses
326
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices