55 Elmhurst PlBuffaloNY14216
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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 55 Elmhurst Pl, Buffalo, NY, 14216 with 5% annual appreciation on a $205,000 basis while $1,925/mo rent supports operations. Total monthly income totals $1,925/mo and a $1,003/mo payment preserves $556/mo for cash returns. Annual cash flow comes to $6,677/yr on $67,958 deployed, and return on cash invested reaches 29.73% in year one. Equity gained on principal adds $1,323/yr, and five-year appreciation sums $56,638 alongside rental yield of 11.27%. Five-year ROI measures 156.19% and total cumulative return in cash totals $106,146.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,925/mo property income versus a $1,003/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1961
5,250 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
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