124 Roma 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
Rental property for sale in Buffalo at 124 Roma Ave, Buffalo, NY, 14215 priced at $199,900 pairs $1,822/mo rent with $488/mo cash flow after a $978/mo payment. Total monthly income equals $1,822/mo, and annual cash flow comes to $5,850/yr on $66,267 invested. Return on cash invested is 28.74% in year one, and rental yield stands at 10.94% on a $199,900 basis. Equity gained on principal adds $1,290/yr, and 5% annual appreciation accumulates to $55,229 by year five. Five-year ROI measures 150.86% and total cumulative return in cash reaches $99,973. For financing, Ziffy Mortgage’s DSCR program evaluates $1,822/mo property income against a $978/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1904
3,720 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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