232 Mulberry StBuffaloNY14204
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 232 Mulberry St, Buffalo, NY, 14204 in Buffalo speaks for itself: 16.38% gross on a $199,900 price, generating $2,729/mo in rent and $1,394/mo in net income after the $899/mo debt service. DSCR 3.04, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $16,727 stacks alongside $55,229 in projected five-year appreciation and $1,841/yr in principal reduction. Projected total cumulative return: $165,962.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 16.4% | 6.5% |
| Monthly Cash Flow | $1,394 | $450 |
City averages based on Buffalo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,729 |
| Total Monthly Debt Service | $1,255 |
| DSCR Ratio | 2.17x |
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
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14204, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,445 (100%) |
| Owner Occupied HU | 1,338 (24.6%) |
| Renter Occupied HU | 3,397 (62.4%) |
| Vacant Housing Units | 710 (13.0%) |
| Median Home Value | $184,164 |
| Average Home Value | $255,113 |
Housing Distribution
Address Breakdown
Residential
4,636
Single Family
3,312
Multi-Family
1,324
Businesses
326
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
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14204, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,445 (100%) |
| Owner Occupied HU | 1,338 (24.6%) |
| Renter Occupied HU | 3,397 (62.4%) |
| Vacant Housing Units | 710 (13.0%) |
| Median Home Value | $184,164 |
| Average Home Value | $255,113 |
Housing Distribution
Address Breakdown
Residential
4,636
Single Family
3,312
Multi-Family
1,324
Businesses
326
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices