770 W Ferry St APT 9ABuffaloNY14222
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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 770 W Ferry St APT 9A, Buffalo, NY, 14222 offers a 9.11% rental yield on a $167,900 purchase with $1,274/mo rent. Total monthly income registers $1,274/mo, and a $822/mo payment leaves $153/mo available for distribution. Annual cash flow reaches $1,831/yr on $55,659 to close, and return on cash invested stands at 23.2% in year one. Equity gained on principal adds $1,083/yr while 5% annual appreciation supports $46,388 over five years. Portfolio math shows five-year ROI at 121.18% and total cumulative return in cash at $67,450. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,274/mo property income against a $822/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1973
984.46 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 |
Housing Distribution
Address Breakdown
Residential
6,560
Single Family
4,246
Multi-Family
2,314
Businesses
326
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