720 Fisher RdBuffaloNY14224
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 720 Fisher Rd, Buffalo, NY, 14224 in Buffalo. Rental yield 5.91%. At $400,000 with 5.91% gross yield, current distributions are modest, but the 5% appreciation rate projects $110,513 in new equity by year five, complemented by $3,684/yr in principal paydown. Ziffy Mortgage's DSCR loan (1.10) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $107,518.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.9% | 6.5% |
| Monthly Cash Flow | $(700) | $450 |
City averages based on Buffalo market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,972 |
| Total Monthly Debt Service | $2,512 |
| DSCR Ratio | 0.79x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1954
0.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14224, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,712 (100%) |
| Owner Occupied HU | 13,319 (71.2%) |
| Renter Occupied HU | 4,397 (23.5%) |
| Vacant Housing Units | 996 ( 5.3%) |
| Median Home Value | $255,098 |
| Average Home Value | $291,278 |
Housing Distribution
Address Breakdown
Residential
18,223
Single Family
15,508
Multi-Family
2,715
Businesses
1,195
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
Multi Family
Built in 1954
0.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14224, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,712 (100%) |
| Owner Occupied HU | 13,319 (71.2%) |
| Renter Occupied HU | 4,397 (23.5%) |
| Vacant Housing Units | 996 ( 5.3%) |
| Median Home Value | $255,098 |
| Average Home Value | $291,278 |
Housing Distribution
Address Breakdown
Residential
18,223
Single Family
15,508
Multi-Family
2,715
Businesses
1,195
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices