157 Laurel StBuffaloNY14208
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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 157 Laurel St, Buffalo, NY, 14208 offers a 9.66% rental yield on a $184,900 purchase with $1,489/mo rent. Total monthly income registers $1,489/mo, and a $905/mo payment leaves $254/mo available for distribution. Annual cash flow reaches $3,051/yr on $61,294 to close, and return on cash invested stands at 24.89% in year one. Equity gained on principal adds $1,193/yr while 5% annual appreciation supports $51,084 over five years. Portfolio math shows five-year ROI at 130.24% and total cumulative return in cash at $79,831. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,489/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1910
3,210 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14208, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,788 (100%) |
| Owner Occupied HU | 1,758 (30.4%) |
| Renter Occupied HU | 2,986 (51.6%) |
| Vacant Housing Units | 1,044 (18.0%) |
| Median Home Value | $131,935 |
| Average Home Value | $183,230 |
Housing Distribution
Address Breakdown
Residential
4,001
Single Family
3,573
Multi-Family
428
Businesses
169
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