116 West AveBuffaloNY14201
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
Investment property for sale in Buffalo at 116 West Ave, Buffalo, NY, 14201 listed at $159,900 pairs $1,648/mo rent with a $783/mo payment to leave $580/mo cash flow. Total monthly income runs $1,648/mo, and annual cash flow reaches $6,958/yr on $53,007 cash to close. Return on cash invested measures 33.04% in year one, and rental yield registers 12.37% at a $159,900 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,177 by year five. Five-year ROI tracks 173.88% and total cumulative return in cash totals $92,166. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,648/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1900
3,040 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14201, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,567 (100%) |
| Owner Occupied HU | 1,227 (16.2%) |
| Renter Occupied HU | 5,405 (71.4%) |
| Vacant Housing Units | 935 (12.4%) |
| Median Home Value | $335,827 |
| Average Home Value | $375,897 |
Housing Distribution
Address Breakdown
Residential
5,939
Single Family
3,595
Multi-Family
2,344
Businesses
453
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices