251 Wendel AveBuffaloNY14223
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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 251 Wendel Ave, Buffalo, NY, 14223 with 5% annual appreciation on a $240,000 basis while $2,004/mo rent supports operations. Total monthly income totals $2,004/mo and a $1,175/mo payment preserves $401/mo for cash returns. Annual cash flow comes to $4,812/yr on $79,560 deployed, and return on cash invested reaches 25.96% in year one. Equity gained on principal adds $1,549/yr, and five-year appreciation sums $66,308 alongside rental yield of 10.02%. Five-year ROI measures 135.92% and total cumulative return in cash totals $108,134.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,004/mo property income versus a $1,175/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1945
4,917 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14223, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,771 (100%) |
| Owner Occupied HU | 7,853 (72.9%) |
| Renter Occupied HU | 2,386 (22.2%) |
| Vacant Housing Units | 532 ( 4.9%) |
| Median Home Value | $232,989 |
| Average Home Value | $285,207 |
Housing Distribution
Address Breakdown
Residential
10,017
Single Family
9,361
Multi-Family
656
Businesses
389
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