66 Elmwood AveBuffaloNY14201
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 66 Elmwood Ave, Buffalo, NY, 14201 priced at $299,000 pairs $2,540/mo rent with $544/mo cash flow after a $1,463/mo payment. Total monthly income equals $2,540/mo, and annual cash flow comes to $6,525/yr on $99,119 invested. Return on cash invested is 26.49% in year one, and rental yield stands at 10.19% on a $299,000 basis. Equity gained on principal adds $1,929/yr, and 5% annual appreciation accumulates to $82,608 by year five. Five-year ROI measures 138.79% and total cumulative return in cash reaches $137,566. For financing, Ziffy Mortgage’s DSCR program evaluates $2,540/mo property income against a $1,463/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
2,099 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14201, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,567 (100%) |
| Owner Occupied HU | 1,227 (16.2%) |
| Renter Occupied HU | 5,405 (71.4%) |
| Vacant Housing Units | 935 (12.4%) |
| Median Home Value | $335,827 |
| Average Home Value | $375,897 |
Housing Distribution
Address Breakdown
Residential
5,939
Single Family
3,595
Multi-Family
2,344
Businesses
453
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices