94 Covent Garden LnBuffaloNY14221
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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 94 Covent Garden Ln, Buffalo, NY, 14221 listed at $859,900 pairs $5,742/mo rent with a $4,209/mo payment. Total monthly income runs $5,742/mo. Return on cash invested measures 20.06% in year one, and rental yield registers 8.01% at a $859,900 basis. Equity gained on principal adds $5,549/yr, and annual property appreciation at 5% supports $237,575 by year five. Five-year ROI tracks 104.26% and total cumulative return in cash totals $294,946. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,742/mo property income relative to a $4,209/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1995
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14221, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,108 (100%) |
| Owner Occupied HU | 17,359 (69.1%) |
| Renter Occupied HU | 6,235 (24.8%) |
| Vacant Housing Units | 1,514 ( 6.0%) |
| Median Home Value | $342,209 |
| Average Home Value | $378,674 |
Housing Distribution
Address Breakdown
Residential
24,019
Single Family
19,051
Multi-Family
4,968
Businesses
2,271
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Listed by: Diane Porter • MJ Peterson Real Estate Inc.
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #B1597911
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