730 Norfolk AveBuffaloNY14215
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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
Investment property for sale in Buffalo at 730 Norfolk Ave, Buffalo, NY, 14215 offers a 9.48% rental yield on a $150,000 purchase with $1,185/mo rent. Total monthly income registers $1,185/mo, and a $734/mo payment leaves $184/mo available for distribution. Annual cash flow reaches $2,202/yr on $49,725 to close, and return on cash invested stands at 24.34% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 127.26% and total cumulative return in cash at $63,282. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,185/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
4,011 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14215, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,440 (100%) |
| Owner Occupied HU | 7,277 (39.5%) |
| Renter Occupied HU | 9,242 (50.1%) |
| Vacant Housing Units | 1,921 (10.4%) |
| Median Home Value | $99,609 |
| Average Home Value | $275,339 |
Housing Distribution
Address Breakdown
Residential
14,329
Single Family
14,102
Multi-Family
227
Businesses
660
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