23 Hedwig AveBuffaloNY14211
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
Rental property for sale in Buffalo at 23 Hedwig Ave, Buffalo, NY, 14211 offers $1,615/mo rent that, after a $905/mo payment, leaves $380/mo cash flow. Total monthly income is $1,615/mo, and annual cash flow is $4,563/yr on $61,294 cash. Return on cash invested measures 27.35% in year one, and rental yield stands at 10.48% at a $184,900 entry. Equity gained on principal adds $1,193/yr while 5% annual appreciation compounds into $51,084 by year five. Five-year ROI records 143.48% and total cumulative return in cash reaches $87,943. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,615/mo property income versus a $905/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1927
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14211, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,884 (100%) |
| Owner Occupied HU | 3,755 (31.6%) |
| Renter Occupied HU | 6,159 (51.8%) |
| Vacant Housing Units | 1,970 (16.6%) |
| Median Home Value | $91,571 |
| Average Home Value | $176,286 |
Housing Distribution
Address Breakdown
Residential
8,456
Single Family
8,141
Multi-Family
315
Businesses
460
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Listed by: Lori A Adams • eXp Realty
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #B1578512
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