99 Mercer AveBuffaloNY14214
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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 99 Mercer Ave, Buffalo, NY, 14214 with 5% annual appreciation on a $349,900 basis while $1,585/mo rent supports operations. 13% in year one. Equity gained on principal adds $2,258/yr, and five-year appreciation sums $96,671 alongside rental yield of 5.44%. Five-year ROI measures 61.8% and total cumulative return in cash totals $71,682. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,585/mo property income versus a $1,713/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1920
5,188 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14214, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,689 (100%) |
| Owner Occupied HU | 3,923 (36.7%) |
| Renter Occupied HU | 5,496 (51.4%) |
| Vacant Housing Units | 1,270 (11.9%) |
| Median Home Value | $291,031 |
| Average Home Value | $317,434 |
Housing Distribution
Address Breakdown
Residential
7,531
Single Family
6,254
Multi-Family
1,277
Businesses
451
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