60 Delham AveBuffaloNY14216
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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 60 Delham Ave, Buffalo, NY, 14216 offers a 4.62% rental yield on a $419,000 purchase with $1,614/mo rent. 68% in year one. Equity gained on principal adds $2,704/yr while 5% annual appreciation supports $115,762 over five years. Portfolio math shows five-year ROI at 48.61% and total cumulative return in cash at $67,517. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,614/mo property income against a $2,051/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1936
5,266 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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