556 Lafayette AveBuffaloNY14222
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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 556 Lafayette Ave, Buffalo, NY, 14222 with 5% annual appreciation on a $569,900 basis while $3,376/mo rent supports operations. 31% in year one. Equity gained on principal adds $3,677/yr, and five-year appreciation sums $157,453 alongside rental yield of 7.11%. Five-year ROI measures 89.53% and total cumulative return in cash totals $167,862. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,376/mo property income versus a $2,789/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1909
6,364 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14222, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,155 (100%) |
| Owner Occupied HU | 2,328 (28.5%) |
| Renter Occupied HU | 5,019 (61.5%) |
| Vacant Housing Units | 808 ( 9.9%) |
| Median Home Value | $475,544 |
| Average Home Value | $513,244 |
Housing Distribution
Address Breakdown
Residential
6,560
Single Family
4,246
Multi-Family
2,314
Businesses
326
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