305 S Ogden StBuffaloNY14206
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 305 S Ogden St, Buffalo, NY, 14206 in Buffalo at $198,000 earns $1,414/mo in rent and nets $91/mo after the $890/mo payment, a 8.57% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $54,704 over five years. Ziffy Mortgage underwrites this on a 1.59 DSCR without U.S. credit history. With $1,824/yr in principal paydown, total projected return reaches $81,434.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 6.5% |
| Monthly Cash Flow | $91 | $450 |
City averages based on Buffalo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,414 |
| Total Monthly Debt Service | $1,243 |
| DSCR Ratio | 1.14x |
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 1930
3,432 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14206, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,906 (100%) |
| Owner Occupied HU | 5,227 (47.9%) |
| Renter Occupied HU | 4,261 (39.1%) |
| Vacant Housing Units | 1,418 (13.0%) |
| Median Home Value | $118,167 |
| Average Home Value | $203,335 |
Housing Distribution
Address Breakdown
Residential
8,536
Single Family
8,334
Multi-Family
202
Businesses
607
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 1930
3,432 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14206, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,906 (100%) |
| Owner Occupied HU | 5,227 (47.9%) |
| Renter Occupied HU | 4,261 (39.1%) |
| Vacant Housing Units | 1,418 (13.0%) |
| Median Home Value | $118,167 |
| Average Home Value | $203,335 |
Housing Distribution
Address Breakdown
Residential
8,536
Single Family
8,334
Multi-Family
202
Businesses
607
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices