210 Ellicott St APT 505BuffaloNY14203
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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 210 Ellicott St APT 505, Buffalo, NY, 14203 generates $1,880/mo in rent and, after a $1,321/mo payment, leaves $78/mo in cash flow. Total monthly income is $1,880/mo, and annual cash flow is $932/yr on $89,472 invested. Return on cash invested sits at 20.95% in year one, and rental yield is 8.36% on a $269,900 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 109.07% and total cumulative return in cash sums $97,590. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,880/mo property income rather than buyer’s 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
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