121 Ridgewood RdBuffaloNY14220
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 121 Ridgewood Rd, Buffalo, NY, 14220 in Buffalo worth study. Rental yield 5.56%. The 5.56% gross yield is below cash-flow benchmarks at $330,000, but 5% annual appreciation, adding $91,173 over five years, frames this as a capital growth position. Rent of $1,530/mo partially offsets the $1,484/mo payment. Ziffy Mortgage finances appreciation-play properties (1.03 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $82,503.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.6% | 6.5% |
| Monthly Cash Flow | $(674) | $450 |
City averages based on Buffalo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,530 |
| Total Monthly Debt Service | $2,072 |
| DSCR Ratio | 0.74x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1931
4,321 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14220, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,383 (100%) |
| Owner Occupied HU | 6,486 (57.0%) |
| Renter Occupied HU | 3,937 (34.6%) |
| Vacant Housing Units | 960 ( 8.4%) |
| Median Home Value | $207,577 |
| Average Home Value | $272,914 |
Housing Distribution
Address Breakdown
Residential
9,537
Single Family
9,308
Multi-Family
229
Businesses
403
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
Single Family
Built in 1931
4,321 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14220, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,383 (100%) |
| Owner Occupied HU | 6,486 (57.0%) |
| Renter Occupied HU | 3,937 (34.6%) |
| Vacant Housing Units | 960 ( 8.4%) |
| Median Home Value | $207,577 |
| Average Home Value | $272,914 |
Housing Distribution
Address Breakdown
Residential
9,537
Single Family
9,308
Multi-Family
229
Businesses
403
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices