38 Ardmore PlBuffaloNY14213
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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 38 Ardmore Pl, Buffalo, NY, 14213 priced at $279,777 pairs $2,322/mo rent with $454/mo cash flow after a $1,369/mo payment. Total monthly income equals $2,322/mo, and annual cash flow comes to $5,449/yr on $92,746 invested. Return on cash invested is 25.78% in year one, and rental yield stands at 9.96% on a $279,777 basis. Equity gained on principal adds $1,805/yr, and 5% annual appreciation accumulates to $77,297 by year five. Five-year ROI measures 135.03% and total cumulative return in cash reaches $125,231. For financing, Ziffy Mortgage’s DSCR program evaluates $2,322/mo property income against a $1,369/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1900
3,920 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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