74 16th StBuffaloNY14213
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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 74 16th St, Buffalo, NY, 14213 generates $1,382/mo in rent, after a $1,835/mo payment. Total monthly income is $1,382/mo. Return on cash invested sits at 9.08% in year one, and rental yield is 4.42% on a $374,999 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,605 over five years. Five-year ROI reaches 45.43% and total cumulative return in cash sums $56,475. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,382/mo property income rather than buyer’s personal income.
Multi Family
Built in 1899
5,253 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14213, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,668 (100%) |
| Owner Occupied HU | 3,332 (26.3%) |
| Renter Occupied HU | 7,353 (58.0%) |
| Vacant Housing Units | 1,983 (15.7%) |
| Median Home Value | $226,991 |
| Average Home Value | $268,906 |
Housing Distribution
Address Breakdown
Residential
8,651
Single Family
7,960
Multi-Family
691
Businesses
534
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