247 Adams StBuffaloNY14206
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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 247 Adams St, Buffalo, NY, 14206 uses $46,079 cash to close to unlock $5,197/yr annual cash flow and $433/mo monthly cash flow. Total monthly income runs $1,361/mo, and a $680/mo payment keeps the spread at $433/mo. Purchase price stands at $139,000, and rental yield measures 11.75% with $1,361/mo rent. Return on cash invested shows 31.19% in year one, and 5% annual appreciation builds toward $38,403 over five years. Five-year ROI reaches 164.09% and total cumulative return in cash records $75,608. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,361/mo property income covering a $680/mo payment rather than investor’s personal income.
Multi Family
Built in 1870
3,210 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14206, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,906 (100%) |
| Owner Occupied HU | 5,227 (47.9%) |
| Renter Occupied HU | 4,261 (39.1%) |
| Vacant Housing Units | 1,418 (13.0%) |
| Median Home Value | $118,167 |
| Average Home Value | $203,335 |
Housing Distribution
Address Breakdown
Residential
8,536
Single Family
8,334
Multi-Family
202
Businesses
607
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Listed by: Daniel Hellwig • Own NY Real Estate LLC
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #B1600824
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