1621 Sheridan DrBuffaloNY14217
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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 1621 Sheridan Dr, Buffalo, NY, 14217 uses $82,875 cash to close to unlock $12,890/yr annual cash flow and $1,074/mo monthly cash flow. Total monthly income runs $2,744/mo, and a $1,224/mo payment keeps the spread at $1,074/mo. Purchase price stands at $250,000, and rental yield measures 13.17% with $2,744/mo rent. Return on cash invested shows 35.46% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 186.93% and total cumulative return in cash records $154,918. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,744/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1966
7,248 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14217, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,235 (100%) |
| Owner Occupied HU | 6,827 (60.8%) |
| Renter Occupied HU | 3,737 (33.3%) |
| Vacant Housing Units | 671 ( 6.0%) |
| Median Home Value | $217,432 |
| Average Home Value | $309,655 |
Housing Distribution
Address Breakdown
Residential
10,196
Single Family
8,784
Multi-Family
1,412
Businesses
685
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