849 Delaware Ave APT 305BuffaloNY14209
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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 849 Delaware Ave APT 305, Buffalo, NY, 14209 offers a 10.76% rental yield on a $185,600 purchase with $1,664/mo rent. Total monthly income registers $1,664/mo, and a $908/mo payment leaves $170/mo available for distribution. Annual cash flow reaches $2,040/yr on $61,526 to close, and return on cash invested stands at 23.22% in year one. Equity gained on principal adds $1,198/yr while 5% annual appreciation supports $51,278 over five years. Portfolio math shows five-year ROI at 123.15% and total cumulative return in cash at $75,767. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,664/mo property income against a $908/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1961
0.58 Acres lot
$N/A/sqft
$255 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14209, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,862 (100%) |
| Owner Occupied HU | 929 (19.1%) |
| Renter Occupied HU | 3,228 (66.4%) |
| Vacant Housing Units | 705 (14.5%) |
| Median Home Value | $432,500 |
| Average Home Value | $452,449 |
Housing Distribution
Address Breakdown
Residential
4,668
Single Family
2,032
Multi-Family
2,636
Businesses
312
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