116 Grace StBuffaloNY14207
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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 116 Grace St, Buffalo, NY, 14207 offers a 9.04% rental yield on a $129,900 purchase with $979/mo rent. Total monthly income registers $979/mo, and a $636/mo payment leaves $111/mo available for distribution. Annual cash flow reaches $1,336/yr on $43,062 to close, and return on cash invested stands at 23.01% in year one. Equity gained on principal adds $838/yr while 5% annual appreciation supports $35,889 over five years. Portfolio math shows five-year ROI at 120.18% and total cumulative return in cash at $51,751. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $979/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
2,522 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14207, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,815 (100%) |
| Owner Occupied HU | 3,608 (30.5%) |
| Renter Occupied HU | 6,699 (56.7%) |
| Vacant Housing Units | 1,508 (12.8%) |
| Median Home Value | $108,015 |
| Average Home Value | $205,026 |
Housing Distribution
Address Breakdown
Residential
9,093
Single Family
8,091
Multi-Family
1,002
Businesses
855
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