2917 Main St UNIT 107BuffaloNY14214
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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 107, Buffalo, NY, 14214 uses $66,267 cash to close to unlock $5,958/yr annual cash flow and $497/mo monthly cash flow. Total monthly income runs $1,831/mo, and a $978/mo payment keeps the spread at $497/mo. Purchase price stands at $199,900, and rental yield measures 10.99% with $1,831/mo rent. Return on cash invested shows 28.9% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 151.71% and total cumulative return in cash records $100,537. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,831/mo property income covering a $978/mo payment rather than investor’s personal income.
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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