156 Leocrest CtBuffaloNY14224
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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 156 Leocrest Ct, Buffalo, NY, 14224 uses $78,068 cash to close to unlock $7,056/yr annual cash flow and $588/mo monthly cash flow. Total monthly income runs $2,161/mo, and a $1,153/mo payment keeps the spread at $588/mo. Purchase price stands at $235,500, and rental yield measures 11.01% with $2,161/mo rent. Return on cash invested shows 28.95% in year one, and 5% annual appreciation builds toward $65,064 over five years. Five-year ROI reaches 152.03% and total cumulative return in cash records $118,685. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,161/mo property income covering a $1,153/mo payment rather than investor’s personal income.
Single Family
Built in 1960
8,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14224, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,712 (100%) |
| Owner Occupied HU | 13,319 (71.2%) |
| Renter Occupied HU | 4,397 (23.5%) |
| Vacant Housing Units | 996 ( 5.3%) |
| Median Home Value | $255,098 |
| Average Home Value | $291,278 |
Housing Distribution
Address Breakdown
Residential
18,223
Single Family
15,508
Multi-Family
2,715
Businesses
1,195
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