1046 E Ferry St #NBuffaloNY14211
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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 Buffalo at 1046 E Ferry St #N, Buffalo, NY, 14211 offers a 9.17% rental yield on a $139,900 purchase with $1,069/mo rent. Total monthly income registers $1,069/mo, and a $685/mo payment leaves $135/mo available for distribution. Annual cash flow reaches $1,614/yr on $46,377 to close, and return on cash invested stands at 23.39% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,652 over five years. Portfolio math shows five-year ROI at 122.19% and total cumulative return in cash at $56,667. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,069/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
2,700 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14211, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,884 (100%) |
| Owner Occupied HU | 3,755 (31.6%) |
| Renter Occupied HU | 6,159 (51.8%) |
| Vacant Housing Units | 1,970 (16.6%) |
| Median Home Value | $91,571 |
| Average Home Value | $176,286 |
Housing Distribution
Address Breakdown
Residential
8,456
Single Family
8,141
Multi-Family
315
Businesses
460
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