190 & 196 Mill StBuffaloNY14221
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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
Rental property for sale in Buffalo at 190 & 196 Mill St, Buffalo, NY, 14221 generates $3,000/mo in rent, after a $3,426/mo payment. Total monthly income is $3,000/mo. Return on cash invested sits at 11.34% in year one, and rental yield is 5.14% on a $699,900 entry. Equity gained on principal adds $4,516/yr, while 5% annual appreciation builds toward $193,369 over five years. Five-year ROI reaches 57.48% and total cumulative return in cash sums $132,356. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,000/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14221, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,108 (100%) |
| Owner Occupied HU | 17,359 (69.1%) |
| Renter Occupied HU | 6,235 (24.8%) |
| Vacant Housing Units | 1,514 ( 6.0%) |
| Median Home Value | $342,209 |
| Average Home Value | $378,674 |
Housing Distribution
Address Breakdown
Residential
24,019
Single Family
19,051
Multi-Family
4,968
Businesses
2,271
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