749 Colvin BlvdBuffaloNY14217
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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 749 Colvin Blvd, Buffalo, NY, 14217 offers $2,718/mo rent that, after a $1,762/mo payment, leaves $314/mo cash flow. Total monthly income is $2,718/mo, and annual cash flow is $3,768/yr on $119,340 cash. Return on cash invested measures 23.07% in year one, and rental yield stands at 9.06% at a $360,000 entry. Equity gained on principal adds $2,323/yr while 5% annual appreciation compounds into $99,461 by year five. Five-year ROI records 120.4% and total cumulative return in cash reaches $143,685. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,718/mo property income versus a $1,762/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
3,951 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14217, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,235 (100%) |
| Owner Occupied HU | 6,827 (60.8%) |
| Renter Occupied HU | 3,737 (33.3%) |
| Vacant Housing Units | 671 ( 6.0%) |
| Median Home Value | $217,432 |
| Average Home Value | $309,655 |
Housing Distribution
Address Breakdown
Residential
10,196
Single Family
8,784
Multi-Family
1,412
Businesses
685
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