171 Herkimer StBuffaloNY14213
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
Investment property for sale in Buffalo at 171 Herkimer St, Buffalo, NY, 14213 with 5% annual appreciation on a $230,000 basis while $1,383/mo rent supports operations. 5% in year one. Equity gained on principal adds $1,484/yr, and five-year appreciation sums $63,545 alongside rental yield of 7.22%. Five-year ROI measures 90.55% and total cumulative return in cash totals $69,043. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,383/mo property income versus a $1,126/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1877
3,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14213, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,668 (100%) |
| Owner Occupied HU | 3,332 (26.3%) |
| Renter Occupied HU | 7,353 (58.0%) |
| Vacant Housing Units | 1,983 (15.7%) |
| Median Home Value | $226,991 |
| Average Home Value | $268,906 |
Housing Distribution
Address Breakdown
Residential
8,651
Single Family
7,960
Multi-Family
691
Businesses
534
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices