1088 Delaware Ave APT 3CBuffaloNY14209
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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 1088 Delaware Ave APT 3C, Buffalo, NY, 14209 offers a 11.89% rental yield on a $199,900 purchase with $1,980/mo rent. Total monthly income registers $1,980/mo, and a $978/mo payment leaves $646/mo available for distribution. Annual cash flow reaches $7,746/yr on $66,267 to close, and return on cash invested stands at 31.6% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 166.18% and total cumulative return in cash at $110,125. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,980/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1990
431.24 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14209, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,862 (100%) |
| Owner Occupied HU | 929 (19.1%) |
| Renter Occupied HU | 3,228 (66.4%) |
| Vacant Housing Units | 705 (14.5%) |
| Median Home Value | $432,500 |
| Average Home Value | $452,449 |
Housing Distribution
Address Breakdown
Residential
4,668
Single Family
2,032
Multi-Family
2,636
Businesses
312
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