18 Evanston PlBuffaloNY14220
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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 18 Evanston Pl, Buffalo, NY, 14220 with 5% annual appreciation on a $217,000 basis while $2,096/mo rent supports operations. Total monthly income totals $2,096/mo and a $1,062/mo payment preserves $647/mo for cash returns. Annual cash flow comes to $7,764/yr on $71,936 deployed, and return on cash invested reaches 30.7% in year one. Equity gained on principal adds $1,400/yr, and five-year appreciation sums $59,953 alongside rental yield of 11.59%. Five-year ROI measures 161.42% and total cumulative return in cash totals $116,117.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,096/mo property income versus a $1,062/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1956
4,883 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14220, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,383 (100%) |
| Owner Occupied HU | 6,486 (57.0%) |
| Renter Occupied HU | 3,937 (34.6%) |
| Vacant Housing Units | 960 ( 8.4%) |
| Median Home Value | $207,577 |
| Average Home Value | $272,914 |
Housing Distribution
Address Breakdown
Residential
9,537
Single Family
9,308
Multi-Family
229
Businesses
403
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