23 Albert AveBuffaloNY14207
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt $174,900, 23 Albert Ave, Buffalo, NY, 14207 in Buffalo generates $1,316/mo in rent (9.03% yield) but nets only $148/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.67) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $48,322. Total projected return: $76,297.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 6.5% |
| Monthly Cash Flow | $148 | $450 |
City averages based on Buffalo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,316 |
| Total Monthly Debt Service | $1,098 |
| DSCR Ratio | 1.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1900
3,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14207, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,815 (100%) |
| Owner Occupied HU | 3,608 (30.5%) |
| Renter Occupied HU | 6,699 (56.7%) |
| Vacant Housing Units | 1,508 (12.8%) |
| Median Home Value | $108,015 |
| Average Home Value | $205,026 |
Housing Distribution
Address Breakdown
Residential
9,093
Single Family
8,091
Multi-Family
1,002
Businesses
855
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
Single Family
Built in 1900
3,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14207, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,815 (100%) |
| Owner Occupied HU | 3,608 (30.5%) |
| Renter Occupied HU | 6,699 (56.7%) |
| Vacant Housing Units | 1,508 (12.8%) |
| Median Home Value | $108,015 |
| Average Home Value | $205,026 |
Housing Distribution
Address Breakdown
Residential
9,093
Single Family
8,091
Multi-Family
1,002
Businesses
855
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices