610 Main St #501BuffaloNY14202
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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 610 Main St #501, Buffalo, NY, 14202 generates $3,058/mo in rent and, after a $1,713/mo payment, leaves $721/mo in cash flow. Total monthly income is $3,058/mo, and annual cash flow is $8,652/yr on $115,992 invested. Return on cash invested sits at 27.37% in year one, and rental yield is 10.49% on a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 143.52% and total cumulative return in cash sums $166,470. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,058/mo property income rather than buyer’s personal income.
Condo
Built in 1993
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14202, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,556 (100%) |
| Owner Occupied HU | 462 (18.1%) |
| Renter Occupied HU | 1,634 (63.9%) |
| Vacant Housing Units | 460 (18.0%) |
| Median Home Value | $541,262 |
| Average Home Value | $563,988 |
Housing Distribution
Address Breakdown
Residential
2,136
Single Family
488
Multi-Family
1,648
Businesses
1,025
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