115 Buffalo StGowandaNY14070
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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
Rental property for sale in Gowanda at 115 Buffalo St, Gowanda, NY, 14070 priced at $125,000 pairs $2,809/mo rent with $1,974/mo cash flow after a $612/mo payment. Total monthly income equals $2,809/mo, and annual cash flow comes to $23,689/yr on $41,438 invested. Return on cash invested is 77.08% in year one, and rental yield stands at 26.97% on a $125,000 basis. Equity gained on principal adds $807/yr, and 5% annual appreciation accumulates to $34,535 by year five. Five-year ROI measures 410.13% and total cumulative return in cash reaches $169,949. For financing, Ziffy Mortgage’s DSCR program evaluates $2,809/mo property income against a $612/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1826
1.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14070, Gowanda, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,336 (100%) |
| Owner Occupied HU | 1,412 (60.4%) |
| Renter Occupied HU | 603 (25.8%) |
| Vacant Housing Units | 321 (13.7%) |
| Median Home Value | $135,156 |
| Average Home Value | $218,904 |
Housing Distribution
Address Breakdown
Residential
2,151
Single Family
2,097
Multi-Family
54
Businesses
159
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