260 Carpenter 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 260 Carpenter Ave, Buffalo, NY, 14223 uses $115,992 cash to close to unlock $5,148/yr annual cash flow and $429/mo monthly cash flow. Total monthly income runs $2,766/mo, and a $1,713/mo payment keeps the spread at $429/mo. Purchase price stands at $349,900, and rental yield measures 9.49% with $2,766/mo rent. Return on cash invested shows 24.35% in year one, and 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 127.33% and total cumulative return in cash records $147,690. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,766/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1955
7,801 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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