124 Newburgh AveBuffaloNY14211
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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 124 Newburgh Ave, Buffalo, NY, 14211 with 5% annual appreciation on a $100,000 basis while $1,041/mo rent supports operations. Total monthly income totals $1,041/mo and a $489/mo payment preserves $374/mo for cash returns. Annual cash flow comes to $4,484/yr on $33,150 deployed, and return on cash invested reaches 33.44% in year one. Equity gained on principal adds $645/yr, and five-year appreciation sums $27,628 alongside rental yield of 12.49%. Five-year ROI measures 176.05% and total cumulative return in cash totals $58,360.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,041/mo property income versus a $489/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1925
3,519 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14211, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,884 (100%) |
| Owner Occupied HU | 3,755 (31.6%) |
| Renter Occupied HU | 6,159 (51.8%) |
| Vacant Housing Units | 1,970 (16.6%) |
| Median Home Value | $91,571 |
| Average Home Value | $176,286 |
Housing Distribution
Address Breakdown
Residential
8,456
Single Family
8,141
Multi-Family
315
Businesses
460
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