24 Commercial StBuffaloNY14219
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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
Rental property for sale in Buffalo at 24 Commercial St, Buffalo, NY, 14219 priced at $199,900 converts $1,805/mo rent into $471/mo cash flow after a $978/mo obligation. Total monthly income equals $1,805/mo, and annual cash flow totals $5,646/yr on $66,267 invested. Return on cash invested prints 28.43% in year one, and rental yield reads 10.84% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 149.2% and total cumulative return in cash sums $98,869. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,805/mo property income covering a $978/mo payment, not borrower’s personal income.
Multi Family
Built in 1956
5,623 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14219, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,769 (100%) |
| Owner Occupied HU | 3,323 (57.6%) |
| Renter Occupied HU | 2,098 (36.4%) |
| Vacant Housing Units | 348 ( 6.0%) |
| Median Home Value | $208,872 |
| Average Home Value | $246,858 |
Housing Distribution
Address Breakdown
Residential
5,183
Single Family
4,524
Multi-Family
659
Businesses
448
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