415 Colvin AveBuffaloNY14216
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 415 Colvin Ave, Buffalo, NY, 14216 priced at $379,900 pairs $3,041/mo rent with $505/mo cash flow after a $1,859/mo payment. Total monthly income equals $3,041/mo, and annual cash flow comes to $6,054/yr on $125,937 invested. Return on cash invested is 24.72% in year one, and rental yield stands at 9.61% on a $379,900 basis. Equity gained on principal adds $2,451/yr, and 5% annual appreciation accumulates to $104,959 by year five. Five-year ROI measures 129.28% and total cumulative return in cash reaches $162,809. For financing, Ziffy Mortgage’s DSCR program evaluates $3,041/mo property income against a $1,859/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1915
6,124 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14216, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,091 (100%) |
| Owner Occupied HU | 4,982 (41.2%) |
| Renter Occupied HU | 6,120 (50.6%) |
| Vacant Housing Units | 989 ( 8.2%) |
| Median Home Value | $299,939 |
| Average Home Value | $348,401 |
Housing Distribution
Address Breakdown
Residential
10,187
Single Family
8,802
Multi-Family
1,385
Businesses
554
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices