48 Oakgrove AveBuffaloNY14208
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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 48 Oakgrove Ave, Buffalo, NY, 14208 listed at $279,900 pairs $3,150/mo rent with a $1,370/mo payment to leave $1,281/mo cash flow. Total monthly income runs $3,150/mo, and annual cash flow reaches $15,370/yr on $92,787 cash to close. Return on cash invested measures 36.47% in year one, and rental yield registers 13.5% at a $279,900 basis. Equity gained on principal adds $1,806/yr, and annual property appreciation at 5% supports $77,331 by year five. Five-year ROI tracks 192.3% and total cumulative return in cash totals $178,429. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,150/mo property income relative to a $1,370/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1920
4,229 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14208, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,788 (100%) |
| Owner Occupied HU | 1,758 (30.4%) |
| Renter Occupied HU | 2,986 (51.6%) |
| Vacant Housing Units | 1,044 (18.0%) |
| Median Home Value | $131,935 |
| Average Home Value | $183,230 |
Housing Distribution
Address Breakdown
Residential
4,001
Single Family
3,573
Multi-Family
428
Businesses
169
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