337 Claremont AveBuffaloNY14223
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
Rental property for sale in Buffalo at 337 Claremont Ave, Buffalo, NY, 14223 offers $1,349/mo rent that, after a $827/mo payment, leaves $221/mo cash flow. Total monthly income is $1,349/mo, and annual cash flow is $2,647/yr on $56,024 cash. Return on cash invested measures 24.63% in year one, and rental yield stands at 9.58% at a $169,000 entry. Equity gained on principal adds $1,091/yr while 5% annual appreciation compounds into $46,692 by year five. Five-year ROI records 128.85% and total cumulative return in cash reaches $72,187. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,349/mo property income versus a $827/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
6,751 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14223, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,771 (100%) |
| Owner Occupied HU | 7,853 (72.9%) |
| Renter Occupied HU | 2,386 (22.2%) |
| Vacant Housing Units | 532 ( 4.9%) |
| Median Home Value | $232,989 |
| Average Home Value | $285,207 |
Housing Distribution
Address Breakdown
Residential
10,017
Single Family
9,361
Multi-Family
656
Businesses
389
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