216 Schuele AveBuffaloNY14215
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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 Buffalo at 216 Schuele Ave, Buffalo, NY, 14215 uses $57,979 cash to close to unlock $5,785/yr annual cash flow and $482/mo monthly cash flow. Total monthly income runs $1,650/mo, and a $856/mo payment keeps the spread at $482/mo. Purchase price stands at $174,900, and rental yield measures 11.32% with $1,650/mo rent. Return on cash invested shows 29.89% in year one, and 5% annual appreciation builds toward $48,322 over five years. Five-year ROI reaches 157.07% and total cumulative return in cash records $91,068. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,650/mo property income covering a $856/mo payment rather than investor’s personal income.
Multi Family
Built in 1920
4,199 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14215, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,440 (100%) |
| Owner Occupied HU | 7,277 (39.5%) |
| Renter Occupied HU | 9,242 (50.1%) |
| Vacant Housing Units | 1,921 (10.4%) |
| Median Home Value | $99,609 |
| Average Home Value | $275,339 |
Housing Distribution
Address Breakdown
Residential
14,329
Single Family
14,102
Multi-Family
227
Businesses
660
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