2053 Buffalo Street ExtJamestownNY14701
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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 Jamestown at 2053 Buffalo Street Ext, Jamestown, NY, 14701 offers a 9% rental yield on a $119,900 purchase with $899/mo rent. Total monthly income registers $899/mo, and a $587/mo payment leaves $98/mo available for distribution. Annual cash flow reaches $1,178/yr on $39,747 to close, and return on cash invested stands at 22.87% in year one. Equity gained on principal adds $774/yr while 5% annual appreciation supports $33,126 over five years. Portfolio math shows five-year ROI at 119.5% and total cumulative return in cash at $47,496. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $899/mo property income against a $587/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
1.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14701, Jamestown, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,245 (100%) |
| Owner Occupied HU | 9,270 (48.2%) |
| Renter Occupied HU | 7,532 (39.1%) |
| Vacant Housing Units | 2,443 (12.7%) |
| Median Home Value | $116,171 |
| Average Home Value | $172,681 |
Housing Distribution
Address Breakdown
Residential
16,600
Single Family
15,235
Multi-Family
1,365
Businesses
1,189
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