24 Argus StBuffaloNY14207
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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 24 Argus St, Buffalo, NY, 14207 uses $66,300 cash to close to unlock $112/yr annual cash flow and $9/mo monthly cash flow. Total monthly income runs $1,345/mo, and a $979/mo payment keeps the spread at $9/mo. Purchase price stands at $199,999, and rental yield measures 8.07% with $1,345/mo rent. Return on cash invested shows 20.08% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 104.43% and total cumulative return in cash records $69,236. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,345/mo property income covering a $979/mo payment rather than investor’s personal income.
Multi Family
Built in 1927
3,484 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
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