384 Mang AveBuffaloNY14217
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 384 Mang Ave, Buffalo, NY, 14217 in Buffalo speaks for itself: 12.41% gross on a $229,900 price, generating $2,378/mo in rent and $843/mo in net income after the $1,034/mo debt service. DSCR 2.30, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $10,118 stacks alongside $63,517 in projected five-year appreciation and $2,117/yr in principal reduction. Projected total cumulative return: $141,937.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.4% | 6.5% |
| Monthly Cash Flow | $843 | $450 |
City averages based on Buffalo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,378 |
| Total Monthly Debt Service | $1,444 |
| DSCR Ratio | 1.65x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Single Family
Built in 1942
4,543 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14217, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,235 (100%) |
| Owner Occupied HU | 6,827 (60.8%) |
| Renter Occupied HU | 3,737 (33.3%) |
| Vacant Housing Units | 671 ( 6.0%) |
| Median Home Value | $217,432 |
| Average Home Value | $309,655 |
Housing Distribution
Address Breakdown
Residential
10,196
Single Family
8,784
Multi-Family
1,412
Businesses
685
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
Single Family
Built in 1942
4,543 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14217, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,235 (100%) |
| Owner Occupied HU | 6,827 (60.8%) |
| Renter Occupied HU | 3,737 (33.3%) |
| Vacant Housing Units | 671 ( 6.0%) |
| Median Home Value | $217,432 |
| Average Home Value | $309,655 |
Housing Distribution
Address Breakdown
Residential
10,196
Single Family
8,784
Multi-Family
1,412
Businesses
685
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices