215 Normal AveBuffaloNY14213
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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 215 Normal Ave, Buffalo, NY, 14213 priced at $304,900 converts $2,820/mo rent into $784/mo cash flow after a $1,492/mo obligation. Total monthly income equals $2,820/mo, and annual cash flow totals $9,411/yr on $101,074 invested. Return on cash invested prints 29.22% in year one, and rental yield reads 11.1% against a $304,900 entry. Equity gained on principal adds $1,967/yr, while 5% annual appreciation compiles into $84,238 by year five. Five-year ROI reaches 153.45% and total cumulative return in cash sums $155,102. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,820/mo property income covering a $1,492/mo payment, not borrower’s personal income.
Multi Family
Built in 1910
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14213, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,668 (100%) |
| Owner Occupied HU | 3,332 (26.3%) |
| Renter Occupied HU | 7,353 (58.0%) |
| Vacant Housing Units | 1,983 (15.7%) |
| Median Home Value | $226,991 |
| Average Home Value | $268,906 |
Housing Distribution
Address Breakdown
Residential
8,651
Single Family
7,960
Multi-Family
691
Businesses
534
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