206 Ellicott StBuffaloNY14203
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 206 Ellicott St, Buffalo, NY, 14203 earns $78/mo cash flow from $1,880/mo rent with a $1,321/mo payment. Total monthly income totals $1,880/mo, and annual cash flow totals $932/yr on $89,472 capital. ROI tracks 20.95% on current figures, and rental yield reads 8.36% at a $269,900 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,568 over five years. Five-year ROI reaches 109.07% and total cumulative return in cash sums $97,590. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,880/mo property income instead of your personal income.
Condo
Built in 1955
200.38 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14203, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,610 (100%) |
| Owner Occupied HU | 88 ( 5.5%) |
| Renter Occupied HU | 1,265 (78.6%) |
| Vacant Housing Units | 257 (16.0%) |
| Median Home Value | $281,250 |
| Average Home Value | $361,847 |
Housing Distribution
Address Breakdown
Residential
1,689
Single Family
314
Multi-Family
1,375
Businesses
755
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices