16 Butler AveBuffaloNY14208
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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 16 Butler Ave, Buffalo, NY, 14208 offers a 4.35% rental yield on a $319,900 purchase with $1,160/mo rent. 86% in year one. Equity gained on principal adds $2,064/yr while 5% annual appreciation supports $88,382 over five years. Portfolio math shows five-year ROI at 44.25% and total cumulative return in cash at $46,928. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,160/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1915
3,676 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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