699 Richmond Ave, Buffalo, NY, 14222 | 6.87% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1850 sft

538 Parkside Ave, Buffalo, NY, 14216

3 Bed
2 Bath
1543 sft

88 Marywood Dr, Depew, NY, 14043

3 Bed
2 Bath
1374 sft

48 Kibler Dr, Depew, NY, 14043

3 Bed
2 Bath
1396 sft

1058 Ruie Rd, North Tonawanda, NY, 14120

Nearby investment properties with comparable prices

3 Bed
3 Bath
2115 sft

1 Birchwood Cmn, Lancaster, NY, 14086

4 Bed
3 Bath
2212 sft

670 E River Rd, Grand Island, NY, 14072

7 Bed
3 Bath
3350 sft

2280 Main St, Buffalo, NY, 14214

3 Bed
3 Bath
1620 sft

53 Via Donato E, Lancaster, NY, 14086

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Buffalo at 699 Richmond Ave, Buffalo, NY, 14222 offers a 6.87% rental yield on a $499,000 purchase with $2,855/mo rent. 45% in year one. Equity gained on principal adds $3,220/yr while 5% annual appreciation supports $137,865 over five years. Portfolio math shows five-year ROI at 84.94% and total cumulative return in cash at $140,514. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,855/mo property income against a $2,442/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1900

2,857 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 14222, Buffalo, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,155 (100%)
Owner Occupied HU	2,328 (28.5%)
Renter Occupied HU	5,019 (61.5%)
Vacant Housing Units	808 ( 9.9%)
Median Home Value	$475,544
Average Home Value	$513,244