35 Florida StBuffaloNY14208
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 35 Florida St, Buffalo, NY, 14208 in Buffalo at $250,000 earns $1,363/mo in rent and nets $28/mo after the $1,124/mo payment, a 8.18% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $69,070 over five years. Ziffy Mortgage underwrites this on a 1.21 DSCR without U.S. credit history. With $2,303/yr in principal paydown, total projected return reaches $75,661.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.5% |
| Monthly Cash Flow | $28 | $450 |
City averages based on Buffalo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,363 |
| Total Monthly Debt Service | $1,570 |
| DSCR Ratio | 0.87x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1910
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14208, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,788 (100%) |
| Owner Occupied HU | 1,758 (30.4%) |
| Renter Occupied HU | 2,986 (51.6%) |
| Vacant Housing Units | 1,044 (18.0%) |
| Median Home Value | $131,935 |
| Average Home Value | $183,230 |
Housing Distribution
Address Breakdown
Residential
4,001
Single Family
3,573
Multi-Family
428
Businesses
169
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 1910
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14208, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,788 (100%) |
| Owner Occupied HU | 1,758 (30.4%) |
| Renter Occupied HU | 2,986 (51.6%) |
| Vacant Housing Units | 1,044 (18.0%) |
| Median Home Value | $131,935 |
| Average Home Value | $183,230 |
Housing Distribution
Address Breakdown
Residential
4,001
Single Family
3,573
Multi-Family
428
Businesses
169
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Peggy L Kirk • Gurney Becker & Bourne
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #B1606354
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