118 Remington PlBuffaloNY14210
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
Rental property for sale in Buffalo at 118 Remington Pl, Buffalo, NY, 14210 offers $1,003/mo rent that, after a $636/mo payment, leaves $135/mo cash flow. Total monthly income is $1,003/mo, and annual cash flow is $1,624/yr on $43,062 cash. Return on cash invested measures 23.68% in year one, and rental yield stands at 9.27% at a $129,900 entry. Equity gained on principal adds $838/yr while 5% annual appreciation compounds into $35,889 by year five. Five-year ROI records 123.77% and total cumulative return in cash reaches $53,299. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,003/mo property income versus a $636/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14210, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,656 (100%) |
| Owner Occupied HU | 3,056 (39.9%) |
| Renter Occupied HU | 3,779 (49.4%) |
| Vacant Housing Units | 821 (10.7%) |
| Median Home Value | $124,307 |
| Average Home Value | $182,624 |
Housing Distribution
Address Breakdown
Residential
5,721
Single Family
5,255
Multi-Family
466
Businesses
423
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