900 Delaware Ave APT 301BuffaloNY14209
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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
Total monthly income runs $2,652/mo, and a $2,932/mo payment. Purchase price stands at $599,000, and rental yield measures 5.31% with $2,652/mo rent. Return on cash invested shows 11.85% in year one, and 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 60.24% and total cumulative return in cash records $118,714. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,652/mo property income covering a $2,932/mo payment rather than investor’s personal income.
Condo
Built in 1988
0.82 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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