263 Wellington AveBuffaloNY14223
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 263 Wellington Ave, Buffalo, NY, 14223 in Buffalo is narrow, $152/mo net on $1,321/mo rent after the $787/mo debt service, but the property operates at break-even-plus, not a loss. At $175,000 with a 9.06% yield, the long-run equity case via 5% appreciation ($48,349 over five years) and $1,612/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.68 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $76,533.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.5% |
| Monthly Cash Flow | $152 | $450 |
City averages based on Buffalo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,321 |
| Total Monthly Debt Service | $1,099 |
| DSCR Ratio | 1.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1953
9,583 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1953
9,583 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices