97 Eller AveBuffaloNY14211
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Buffalo at 97 Eller Ave, Buffalo, NY, 14211 priced at $129,900 converts $1,007/mo rent into $139/mo cash flow after a $636/mo obligation. Total monthly income equals $1,007/mo, and annual cash flow totals $1,672/yr on $43,062 invested. Return on cash invested prints 23.79% in year one, and rental yield reads 9.3% against a $129,900 entry. Equity gained on principal adds $838/yr, while 5% annual appreciation compiles into $35,889 by year five. Five-year ROI reaches 124.39% and total cumulative return in cash sums $53,563. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,007/mo property income covering a $636/mo payment, not borrower’s personal income.
Single Family
Built in 1915
3,301 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14211, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,884 (100%) |
| Owner Occupied HU | 3,755 (31.6%) |
| Renter Occupied HU | 6,159 (51.8%) |
| Vacant Housing Units | 1,970 (16.6%) |
| Median Home Value | $91,571 |
| Average Home Value | $176,286 |
Housing Distribution
Address Breakdown
Residential
8,456
Single Family
8,141
Multi-Family
315
Businesses
460
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices