285 E North StBuffaloNY14204
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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 285 E North St, Buffalo, NY, 14204 offers a 11.85% rental yield on a $199,900 purchase with $1,974/mo rent. Total monthly income registers $1,974/mo, and a $978/mo payment leaves $640/mo available for distribution. Annual cash flow reaches $7,674/yr on $66,267 to close, and return on cash invested stands at 31.49% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 165.62% and total cumulative return in cash at $109,753. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,974/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1880
3,336 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14204, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,445 (100%) |
| Owner Occupied HU | 1,338 (24.6%) |
| Renter Occupied HU | 3,397 (62.4%) |
| Vacant Housing Units | 710 (13.0%) |
| Median Home Value | $184,164 |
| Average Home Value | $255,113 |
Housing Distribution
Address Breakdown
Residential
4,636
Single Family
3,312
Multi-Family
1,324
Businesses
326
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