2917 Main St UNIT 101BuffaloNY14214
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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 2917 Main St UNIT 101, Buffalo, NY, 14214 offers a 8.14% rental yield on a $154,900 purchase with $1,051/mo rent. Total monthly income registers $1,051/mo, and a $758/mo payment leaves $17/mo available for distribution. Annual cash flow reaches $201/yr on $51,349 to close, and return on cash invested stands at 20.3% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,796 over five years. Portfolio math shows five-year ROI at 105.6% and total cumulative return in cash at $54,224. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,051/mo property income against a $758/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1897
1,603 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14214, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,689 (100%) |
| Owner Occupied HU | 3,923 (36.7%) |
| Renter Occupied HU | 5,496 (51.4%) |
| Vacant Housing Units | 1,270 (11.9%) |
| Median Home Value | $291,031 |
| Average Home Value | $317,434 |
Housing Distribution
Address Breakdown
Residential
7,531
Single Family
6,254
Multi-Family
1,277
Businesses
451
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