1862 Kenmore AveBuffaloNY14216
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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 1862 Kenmore Ave, Buffalo, NY, 14216 offers a 9.36% rental yield on a $194,900 purchase with $1,520/mo rent. Total monthly income registers $1,520/mo, and a $954/mo payment leaves $218/mo available for distribution. Annual cash flow reaches $2,621/yr on $64,609 to close, and return on cash invested stands at 23.97% in year one. Equity gained on principal adds $1,258/yr while 5% annual appreciation supports $53,847 over five years. Portfolio math shows five-year ROI at 125.26% and total cumulative return in cash at $80,931. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,520/mo property income against a $954/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1927
3,123 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14216, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,091 (100%) |
| Owner Occupied HU | 4,982 (41.2%) |
| Renter Occupied HU | 6,120 (50.6%) |
| Vacant Housing Units | 989 ( 8.2%) |
| Median Home Value | $299,939 |
| Average Home Value | $348,401 |
Housing Distribution
Address Breakdown
Residential
10,187
Single Family
8,802
Multi-Family
1,385
Businesses
554
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