299 E Delavan Ave #SBuffaloNY14208
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow299 E Delavan Ave #S, Buffalo, NY, 14208 in Buffalo earns its strong cash-flow label: 12.27% yield, $1,738/mo rent, $603/mo net income, DSCR 2.27. The $169,999 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $46,968 by year five. Combined with $1,566/yr in principal paydown, total projected return reaches $103,643.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.3% | 6.5% |
| Monthly Cash Flow | $603 | $450 |
City averages based on Buffalo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,738 |
| Total Monthly Debt Service | $1,068 |
| DSCR Ratio | 1.63x |
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.
Multi Family
Built in 1920
3,598 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14208, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,788 (100%) |
| Owner Occupied HU | 1,758 (30.4%) |
| Renter Occupied HU | 2,986 (51.6%) |
| Vacant Housing Units | 1,044 (18.0%) |
| Median Home Value | $131,935 |
| Average Home Value | $183,230 |
Housing Distribution
Address Breakdown
Residential
4,001
Single Family
3,573
Multi-Family
428
Businesses
169
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
Multi Family
Built in 1920
3,598 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14208, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,788 (100%) |
| Owner Occupied HU | 1,758 (30.4%) |
| Renter Occupied HU | 2,986 (51.6%) |
| Vacant Housing Units | 1,044 (18.0%) |
| Median Home Value | $131,935 |
| Average Home Value | $183,230 |
Housing Distribution
Address Breakdown
Residential
4,001
Single Family
3,573
Multi-Family
428
Businesses
169
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices