5 Greenwich Dr APT 4BuffaloNY14228
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeFinancing efficiency matters for international buyers, and 5 Greenwich Dr APT 4, Buffalo, NY, 14228 in Buffalo offers it: the 1.72 DSCR gives Ziffy Mortgage's underwriting team an unusually clean file, no U.S. credit, no personal income required. Rental yield 9.3%. Long-term, 5% appreciation is forecast to add $41,415, and $1,381/yr in principal paydown compounds equity steadily. Projected five-year cumulative return: $44,015.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 6.5% |
| Monthly Cash Flow | $(231) | $450 |
City averages based on Buffalo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,162 |
| Total Monthly Debt Service | $1,333 |
| DSCR Ratio | 0.87x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1971
871.20 sqft lot
$N/A/sqft
$392 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14228, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,085 (100%) |
| Owner Occupied HU | 4,665 (42.1%) |
| Renter Occupied HU | 5,604 (50.6%) |
| Vacant Housing Units | 816 ( 7.4%) |
| Median Home Value | $293,883 |
| Average Home Value | $351,771 |
Housing Distribution
Address Breakdown
Residential
10,612
Single Family
7,393
Multi-Family
3,219
Businesses
727
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
Condo
Built in 1971
871.20 sqft lot
$N/A/sqft
$392 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14228, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,085 (100%) |
| Owner Occupied HU | 4,665 (42.1%) |
| Renter Occupied HU | 5,604 (50.6%) |
| Vacant Housing Units | 816 ( 7.4%) |
| Median Home Value | $293,883 |
| Average Home Value | $351,771 |
Housing Distribution
Address Breakdown
Residential
10,612
Single Family
7,393
Multi-Family
3,219
Businesses
727
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brennan Macey • Keller Williams Realty WNY
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #B1580275
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