323 Highgate AveBuffaloNY14215
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
Investment Highlights
Investment property for sale in Buffalo at 323 Highgate Ave, Buffalo, NY, 14215 uses $86,157 cash to close to unlock $282/yr annual cash flow and $24/mo monthly cash flow. Total monthly income runs $1,759/mo, and a $1,272/mo payment keeps the spread at $24/mo. Purchase price stands at $259,900, and rental yield measures 8.12% with $1,759/mo rent. Return on cash invested shows 20.24% in year one, and 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 105.25% and total cumulative return in cash records $90,682. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,759/mo property income covering a $1,272/mo payment rather than investor’s personal income.
Single Family
Built in 1932
6,159 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices