149 Swan St UNIT 403BuffaloNY14203
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 149 Swan St UNIT 403, Buffalo, NY, 14203 generates $2,183/mo in rent and, after a $1,566/mo payment, leaves $46/mo in cash flow. Total monthly income is $2,183/mo, and annual cash flow is $556/yr on $106,080 invested. Return on cash invested sits at 20.43% in year one, and rental yield is 8.19% on a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 106.3% and total cumulative return in cash sums $112,767. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,183/mo property income rather than buyer’s personal income.
Condo
Built in 1896
3.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14203, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,610 (100%) |
| Owner Occupied HU | 88 ( 5.5%) |
| Renter Occupied HU | 1,265 (78.6%) |
| Vacant Housing Units | 257 (16.0%) |
| Median Home Value | $281,250 |
| Average Home Value | $361,847 |
Housing Distribution
Address Breakdown
Residential
1,689
Single Family
314
Multi-Family
1,375
Businesses
755
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices