40 Heath StBuffaloNY14214
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
Investment Highlights
Rental property for sale in Buffalo at 40 Heath St, Buffalo, NY, 14214 priced at $175,999 converts $1,399/mo rent into $224/mo cash flow after a $861/mo obligation. Total monthly income equals $1,399/mo, and annual cash flow totals $2,690/yr on $58,344 invested. Return on cash invested prints 24.52% in year one, and rental yield reads 9.54% against a $175,999 entry. Equity gained on principal adds $1,136/yr, while 5% annual appreciation compiles into $48,625 by year five. Five-year ROI reaches 128.28% and total cumulative return in cash sums $74,841. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,399/mo property income covering a $861/mo payment, not borrower’s personal income.
Single Family
Built in 1920
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14214, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,689 (100%) |
| Owner Occupied HU | 3,923 (36.7%) |
| Renter Occupied HU | 5,496 (51.4%) |
| Vacant Housing Units | 1,270 (11.9%) |
| Median Home Value | $291,031 |
| Average Home Value | $317,434 |
Housing Distribution
Address Breakdown
Residential
7,531
Single Family
6,254
Multi-Family
1,277
Businesses
451
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices