610 Main St #904BuffaloNY14202
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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 #904, Buffalo, NY, 14202 generates $2,340/mo in rent, after a $2,190/mo payment. Total monthly income is $2,340/mo. Return on cash invested sits at 14.67% in year one, and rental yield is 6.27% on a $447,500 entry. Equity gained on principal adds $2,888/yr, while 5% annual appreciation builds toward $123,636 over five years. Five-year ROI reaches 75.36% and total cumulative return in cash sums $111,793. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,340/mo property income rather than buyer’s personal income.
Condo
Built in 1993
466.09 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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