343 Baynes StBuffaloNY14213
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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
Rental property for sale in Buffalo at 343 Baynes St, Buffalo, NY, 14213 priced at $401,800 converts $1,551/mo rent into after a $1,967/mo obligation. Total monthly income equals $1,551/mo. Return on cash invested prints 9.71% in year one, and rental yield reads 4.63% against a $401,800 entry. Equity gained on principal adds $2,593/yr, while 5% annual appreciation compiles into $111,010 by year five. Five-year ROI reaches 48.78% and total cumulative return in cash sums $64,973. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,551/mo property income covering a $1,967/mo payment, not borrower’s personal income.
Multi Family
Built in 1900
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14213, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,668 (100%) |
| Owner Occupied HU | 3,332 (26.3%) |
| Renter Occupied HU | 7,353 (58.0%) |
| Vacant Housing Units | 1,983 (15.7%) |
| Median Home Value | $226,991 |
| Average Home Value | $268,906 |
Housing Distribution
Address Breakdown
Residential
8,651
Single Family
7,960
Multi-Family
691
Businesses
534
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