38 School 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
Investment property for sale in Buffalo at 38 School St, Buffalo, NY, 14213 uses $46,410 cash to close to unlock $3,172/yr annual cash flow and $264/mo monthly cash flow. Total monthly income runs $1,199/mo, and a $685/mo payment keeps the spread at $264/mo. Purchase price stands at $140,000, and rental yield measures 10.28% with $1,199/mo rent. Return on cash invested shows 26.74% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 140.19% and total cumulative return in cash records $65,062. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,199/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1900
4,582 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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Listed by: Lidia Egleston • Howard Hanna WNY Inc.
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #B1584191
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