259 Halstead AveSloanNY14212
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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 Sloan at 259 Halstead Ave, Sloan, NY, 14212 priced at $249,900 converts $2,351/mo rent into $682/mo cash flow after a $1,223/mo obligation. Total monthly income equals $2,351/mo, and annual cash flow totals $8,188/yr on $82,842 invested. Return on cash invested prints 29.79% in year one, and rental yield reads 11.29% against a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,043 by year five. Five-year ROI reaches 156.52% and total cumulative return in cash sums $129,662. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,351/mo property income covering a $1,223/mo payment, not borrower’s personal income.
Multi Family
Built in 1900
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14212, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,651 (100%) |
| Owner Occupied HU | 2,325 (35.0%) |
| Renter Occupied HU | 3,025 (45.5%) |
| Vacant Housing Units | 1,301 (19.6%) |
| Median Home Value | $100,127 |
| Average Home Value | $174,971 |
Housing Distribution
Address Breakdown
Residential
4,395
Single Family
4,032
Multi-Family
363
Businesses
315
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