659 Amherst StBuffaloNY14207
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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 659 Amherst St, Buffalo, NY, 14207 priced at $299,900 converts $1,613/mo rent into after a $1,468/mo obligation. Total monthly income equals $1,613/mo. Return on cash invested prints 15.2% in year one, and rental yield reads 6.45% against a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation compiles into $82,857 by year five. Five-year ROI reaches 78.28% and total cumulative return in cash sums $77,824. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,613/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Multi Family
Built in 1920
3,676 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14207, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,815 (100%) |
| Owner Occupied HU | 3,608 (30.5%) |
| Renter Occupied HU | 6,699 (56.7%) |
| Vacant Housing Units | 1,508 (12.8%) |
| Median Home Value | $108,015 |
| Average Home Value | $205,026 |
Housing Distribution
Address Breakdown
Residential
9,093
Single Family
8,091
Multi-Family
1,002
Businesses
855
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