489 Harrison AveBuffaloNY14223
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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 489 Harrison Ave, Buffalo, NY, 14223 listed at $213,900 pairs $1,708/mo rent with a $1,047/mo payment to leave $280/mo cash flow. Total monthly income runs $1,708/mo, and annual cash flow reaches $3,355/yr on $70,908 cash to close. Return on cash invested measures 24.64% in year one, and rental yield registers 9.58% at a $213,900 basis. Equity gained on principal adds $1,380/yr, and annual property appreciation at 5% supports $59,097 by year five. Five-year ROI tracks 128.89% and total cumulative return in cash totals $91,396. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,708/mo property income relative to a $1,047/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1954
6,551 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14223, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,771 (100%) |
| Owner Occupied HU | 7,853 (72.9%) |
| Renter Occupied HU | 2,386 (22.2%) |
| Vacant Housing Units | 532 ( 4.9%) |
| Median Home Value | $232,989 |
| Average Home Value | $285,207 |
Housing Distribution
Address Breakdown
Residential
10,017
Single Family
9,361
Multi-Family
656
Businesses
389
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