849 Delaware Ave APT 704BuffaloNY14209
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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 704, Buffalo, NY, 14209 earns $148/mo cash flow from $1,477/mo rent with a $974/mo payment. Total monthly income totals $1,477/mo, and annual cash flow totals $1,777/yr on $65,969 capital. ROI tracks 22.6% on current figures, and rental yield reads 8.91% at a $199,000 purchase. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 over five years. Five-year ROI reaches 118.01% and total cumulative return in cash sums $77,850. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,477/mo property income instead of your personal income.
Condo
Built in 1961
0.58 Acres lot
$N/A/sqft
No 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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