32 Courtland AveBuffaloNY14215
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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 32 Courtland Ave, Buffalo, NY, 14215 uses $64,643 cash to close to unlock $2,175/yr annual cash flow and $181/mo monthly cash flow. Total monthly income runs $1,483/mo, and a $954/mo payment keeps the spread at $181/mo. Purchase price stands at $195,000, and rental yield measures 9.13% with $1,483/mo rent. Return on cash invested shows 23.27% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 121.59% and total cumulative return in cash records $78,598. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,483/mo property income covering a $954/mo payment rather than investor’s personal income.
Multi Family
Built in 1926
3,262 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14215, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,440 (100%) |
| Owner Occupied HU | 7,277 (39.5%) |
| Renter Occupied HU | 9,242 (50.1%) |
| Vacant Housing Units | 1,921 (10.4%) |
| Median Home Value | $99,609 |
| Average Home Value | $275,339 |
Housing Distribution
Address Breakdown
Residential
14,329
Single Family
14,102
Multi-Family
227
Businesses
660
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