62 Wanda AveBuffaloNY14211
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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
Total monthly income runs $1,227/mo, and a $1,125/mo payment. Purchase price stands at $229,900, and rental yield measures 6.4% with $1,227/mo rent. Return on cash invested shows 15.06% in year one, and 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 77.53% and total cumulative return in cash records $59,087. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,227/mo property income covering a $1,125/mo payment rather than investor’s personal income.
Multi Family
Built in 1927
3,920 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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