55 Forman StBuffaloNY14211
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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 55 Forman St, Buffalo, NY, 14211 generates $944/mo in rent and, after a $587/mo payment, leaves $143/mo in cash flow. Total monthly income is $944/mo, and annual cash flow is $1,716/yr on $39,780 invested. Return on cash invested sits at 24.22% in year one, and rental yield is 9.44% on a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 126.59% and total cumulative return in cash sums $50,359. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $944/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
5,144 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14211, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,884 (100%) |
| Owner Occupied HU | 3,755 (31.6%) |
| Renter Occupied HU | 6,159 (51.8%) |
| Vacant Housing Units | 1,970 (16.6%) |
| Median Home Value | $91,571 |
| Average Home Value | $176,286 |
Housing Distribution
Address Breakdown
Residential
8,456
Single Family
8,141
Multi-Family
315
Businesses
460
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Listed by: Paul Buttenhoff • Towne Housing Real Estate
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #B1611110
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