47 Thorndale AveBuffaloNY14224
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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 47 Thorndale Ave, Buffalo, NY, 14224 generates $2,407/mo in rent and, after a $778/mo payment, leaves $1,345/mo in cash flow. Total monthly income is $2,407/mo, and annual cash flow is $16,145/yr on $52,709 invested. Return on cash invested sits at 50.54% in year one, and rental yield is 18.17% on a $159,000 entry. Equity gained on principal adds $1,026/yr, while 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 267.78% and total cumulative return in cash sums $141,144. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,407/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
4,438 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14224, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,712 (100%) |
| Owner Occupied HU | 13,319 (71.2%) |
| Renter Occupied HU | 4,397 (23.5%) |
| Vacant Housing Units | 996 ( 5.3%) |
| Median Home Value | $255,098 |
| Average Home Value | $291,278 |
Housing Distribution
Address Breakdown
Residential
18,223
Single Family
15,508
Multi-Family
2,715
Businesses
1,195
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