123 Elmer AveBuffaloNY14215
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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 123 Elmer Ave, Buffalo, NY, 14215 earns $196/mo cash flow from $1,230/mo rent with a $758/mo payment. Total monthly income totals $1,230/mo, and annual cash flow totals $2,349/yr on $51,349 capital. ROI tracks 24.48% on current figures, and rental yield reads 9.53% at a $154,900 purchase. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,796 over five years. Five-year ROI reaches 128.03% and total cumulative return in cash sums $65,744. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,230/mo property income instead of your personal income.
Single Family
Built in 1925
3,693 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14215, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,440 (100%) |
| Owner Occupied HU | 7,277 (39.5%) |
| Renter Occupied HU | 9,242 (50.1%) |
| Vacant Housing Units | 1,921 (10.4%) |
| Median Home Value | $99,609 |
| Average Home Value | $275,339 |
Housing Distribution
Address Breakdown
Residential
14,329
Single Family
14,102
Multi-Family
227
Businesses
660
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