103 Delmar Mitchell Dr · Buffalo, NY
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $691 – $1,283
Heat risk 3/10 · Minor
- Hot days now (above 91°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 4 days/yr
- Unhealthy air days in 30 yrs
- 9 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the B grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +25.0/30.0
- ARV discount +15.0/15.0
- DSCR +8.2/10.0
- 1% rule +6.3/10.0
- Rent growth +3.9/5.0
- Livability +3.9/5.0
- Appreciation +3.3/10.0
- Schools +3.3/10.0
- Condition / age +2.5/5.0
$195,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to 103 Delmar Mitchell Drive, a 3-bedroom, 1.5-bath townhouse located right in the heart of downtown Buffalo. If you are looking for convenience, this location is tough to beat. You are just minutes from the Medical Corridor, Canalside, the waterfront, and some of the best restaurants and entertainment the city has to offer. You also have quick access to I-190 and Route 33, making it easy to get anywhere in Buffalo or the surrounding suburbs. Inside, the home offers a great layout with over 1,100 square feet of living space. The main level features a bright living room, an eat-in kitchen, and a half bath for guests. Upstairs, you will find three comfortable bedrooms and a full bathroom. The home also includes central air, forced air heat, an attached garage, and a full basement with plenty of storage. If you want low-maintenance living in a location that keeps you close to everything happening in downtown Buffalo, this is a great opportunity. Whether you are a first-time buyer, downsizing, or adding to your portfolio, this property makes a lot of sense. Sellers may need additional time to find suitable housing. Offers to be submitted by Tuesday, 3/24 at 5 pm.
Key facts
- Downtown buffalo
- Medical corridor
- Canalside
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.5-bath townhouse listed at $195k.
Deal economics
- At list price, monthly cash flow is $425 ($5k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $195k).
Location & tenants
- Location reads 77/100 on livability (#195 in NY, #3,011 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, health & safety A+; Watch: crime F, employment D-.
- Buffalo City School District (urban): math 41% / reading 40% proficiency, ranked #535 of 590 in NY (top 91%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 75% free/reduced lunch — lower-income household profile, screen leases tightly.
- Zoned schools: International School (math 8% / reading 17%, grade F, #2,048 of 2,108 statewide, top 97%, 981 students, 92% FRL); Hutchinson Central Technical High School (math 96% / reading 32%, grade B-, #807 of 1,100 statewide, top 73%, 1,175 students, 78% FRL).
- Market conditions: Rents rising fast (+5.5%/yr); 33 active listings in the ZIP; 30 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 1,244 units permitted in Erie County in 2024 (563 in 5+ unit buildings).
- At $2,199/mo this rent would consume 94% of the median local household income ($28k/yr) (locally 945% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
- At projected returns (-3.0% appreciation + 5.5% rent growth), your $55k cash investment doubles in ~9 years — after that, you're playing with house money.
Negotiation context
- Only 7 days on market — expect competitive offers; lowballing is unlikely to land.
- 7 sale attempts since 13y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
- Current owner paid $130k; list at $195k implies a 50% gain — meaningful room to come down on a strong offer.
Questions for the listing agent
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 1.13% ✓
- Cap rate
- 8.91%
- Cash-on-cash
- 9.35%
- DSCR
- 1.42
- GRM
- 7.4
CMA / ARV
- ARV (on-the-fly)
- $296,400
- Comps found
- 9
Show comp detail 9 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 307 King Peterson Rd | 0.09mi | 3/1.5 | 1,140 (0%) | 1mo | $200,000 | $175 | 95 |
| 217 Ora Wrighter Dr | 0.10mi | 3/1.5 | 1,140 (0%) | 20mo | $180,000 | $158 | 79 |
| 149 Swan #404 | 0.12mi | 2/2.0 (-1) | 1,237 (+8%) | 6mo | $320,000 | $259 | 68 |
| 149 Swan St #504 | 0.12mi | 2/2.0 (-1) | 1,237 (+8%) | 12mo | $325,000 | $263 | 63 |
| 149 Swan #401 | 0.12mi | 2/2.0 (-1) | 1,268 (+11%) | 7mo | $330,000 | $260 | 62 |
| 149 Swan St #301 | 0.12mi | 2/2.0 (-1) | 1,268 (+11%) | 13mo | $325,000 | $256 | 58 |
| 610 Main St #504 | 0.67mi | 2/2.0 (-1) | 1,109 (-3%) | 7mo | $325,000 | $293 | 51 |
| 210 Ellicott St #204 | 0.30mi | 2/2.0 (-1) | 1,225 (+8%) | 18mo | $335,000 | $273 | 51 |
| 610 Main St #904 | 0.67mi | 2/2.0 (-1) | 1,089 (-4%) | 7mo | $448,000 | $411 | 49 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 5.48% rent growth · sell at horizon
- IRR
- 0.5%
- Equity multiple
- 1.02×
- Total profit
- $1,133
- Equity at exit
- $29,075
- IRR
- 12.5%
- Equity multiple
- 2.10×
- Total profit
- $60,201
- Equity at exit
- $16,860
Cash invested: $54,600 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 15 Strongly Tenant-Friendly
- State New York
- 15 Strongly Tenant-Friendly · D+10
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 14204
- Home prices YoY
- -1.1%
- Rents YoY
- 5.5%
- Active inventory
- 33
- Price-to-rent
- 7.4×
Monthly cashflow live
- Estimated rent
- $2,199 high interval (Pro) →
- Mortgage (P&I)
- −$1,023
- Tax from tax record
- −$58 /mo · $695/yr
- Insurance
- −$81
- HOA
- −$150
- Vacancy / Maint / Mgmt
- −$462
- Net cashflow
- $425
Break-even live
Sensitivity live
| Price | -10% $536 | -5% $481 | +0% $425 | +5% $370 | +10% $315 |
|---|---|---|---|---|---|
| Rent | -10% $252 | -5% $339 | +0% $425 | +5% $512 | +10% $599 |
| Rate | -1.0pp $524 | -0.5pp $475 | base $425 | +0.5pp $375 | +1.0pp $324 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $48,750
- Closing costs
- $5,850
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 30 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 149 Swan St #404 Buffalo, NY | 2.0 | 2.0 | 1237 | $2,050 | $1.66 | 13d | 1 | 0.14mi |
| 149 Swan St #404 Buffalo, NY | 2.0 | 2.0 | 1237 | $2,100 | $1.70 | 25d | 1 | 0.14mi |
| 465 Washington St Buffalo, NY | 1.0–2.0 | 1.0–2.0 | 1388 | $2,285 | $1.65 | 3d | 5 | 0.39mi |
| 237 Main St Buffalo, NY | 1.0–3.0 | 1.5–2.5 | 1608 | $4,035 | $2.51 | 3d | 9 | 0.40mi |
| 130 Pearl St #304 Buffalo, NY | 2.0 | 1.0 | 1010 | $2,475 | $2.45 | 25d | 1 | 0.45mi |
| 230 Scott St Buffalo, NY | 1.0–2.0 | 1.0–2.0 | 1285 | $2,325 | $1.81 | 3d | 4 | 0.48mi |
| 489 Ellicott St Unit 36 Buffalo, NY | 2.0 | 2.0 | 1000 | $1,550 | $1.55 | 4d | 1 | 0.67mi |
| 100 S Elmwood Ave Buffalo, NY | 2.0 | 2.0 | 1254 | $2,232 | $1.78 | 25d | 1 | 0.73mi |
| 100 S Elmwood Ave Buffalo, NY | 2.0 | 2.0 | 1213 | $2,260 | $1.86 | 4d | 2 | 0.73mi |
| 628 Ellicott St Buffalo, NY | 1.0–2.0 | 1.0–2.0 | 1059 | $2,812 | $2.65 | 4d | 5 | 0.94mi |
| 225 Louisiana St Buffalo, NY | 1.0–3.0 | 1.0–2.0 | 1164 | $2,653 | $2.28 | 3d | 7 | 0.97mi |
| 141 Vandalia St Unit Lower back Buffalo, NY | 2.0 | 1.0 | 850 | $1,075 | $1.26 | 45d | 1 | 1.03mi |
| 519 Virginia St Buffalo, NY | 1.0–2.0 | 1.0–2.0 | 700 | $1,700 | $2.43 | 5d | 3 | 1.03mi |
| 17 N Pearl St Buffalo, NY | 2.0 | 2.0 | 1077 | $2,700 | $2.51 | 25d | 1 | 1.07mi |
| 17 N Pearl St Unit 3 Buffalo, NY | 3.0 | 2.0 | 1197 | $3,100 | $2.59 | 25d | 1 | 1.07mi |
| 217 W Tupper St Unit 2 Buffalo, NY | 3.0 | 1.0 | 1150 | $1,350 | $1.17 | 45d | 1 | 1.09mi |
| 44 N Pearl St #5 Buffalo, NY | 3.0 | 1.0 | 1200 | $2,400 | $2.00 | 45d | 1 | 1.12mi |
| 140 Seymour St Unit First Floor Buffalo, NY | 2.0 | 1.0 | 1300 | $1,800 | $1.38 | 5d | 1 | 1.13mi |
| 140 Seymour St Buffalo, NY | 2.0 | 1.0 | 1300 | $1,800 | $1.38 | 25d | 1 | 1.13mi |
| 370 Virginia St Unit 3 Buffalo, NY | 2.0 | 1.0 | 1050 | $1,300 | $1.24 | 45d | 1 | 1.15mi |
| 506 Delaware Ave Buffalo, NY | 1.0–2.0 | 1.0–1.5 | 1190 | $2,995 | $2.52 | 12d | 6 | 1.15mi |
| 80 10th St Unit Lower Buffalo, NY | 2.0 | 1.0 | 800 | $1,150 | $1.44 | 5d | 1 | 1.16mi |
| 21 College St Buffalo, NY | 3.0 | 1.0 | 1104 | $1,850 | $1.68 | 25d | 1 | 1.21mi |
| 190 Whitney Pl Buffalo, NY | 3.0 | 1.0 | 1180 | $1,550 | $1.31 | 45d | 1 | 1.23mi |
| 983 Michigan Ave Buffalo, NY | 2.0 | 1.0–2.0 | 804 | $3,202 | $3.98 | 3d | 58 | 1.23mi |
| 126 Cottage St Unit 4 Buffalo, NY | 2.0 | 2.5 | 1500 | $2,000 | $1.33 | 16d | 1 | 1.34mi |
| 74 Days Park Unit 8 Buffalo, NY | 2.0 | 1.0 | 1350 | $1,695 | $1.26 | 45d | 1 | 1.36mi |
| 40 North St Unit 306 Buffalo, NY | 2.0 | 1.5 | 1125 | $1,950 | $1.73 | 45d | 1 | 1.38mi |
| 344 Hudson St Unit UPPER Buffalo, NY | 2.0 | 1.0 | 1065 | $1,100 | $1.03 | 45d | 1 | 1.41mi |
| 19 North St Buffalo, NY | 2.0 | 1.0–2.0 | 1306 | $2,910 | $2.23 | 12d | 7 | 1.42mi |
HOA detail
- Monthly dues
- $150 · $1,800/yr
- Likely covers
- water
Listing history 20 events
-
2026-03-25status Pending 1185-char remark
Show marketing remark (1185 chars)
Welcome to 103 Delmar Mitchell Drive, a 3-bedroom, 1.5-bath townhouse located right in the heart of downtown Buffalo. If you are looking for convenience, this location is tough to beat. You are just minutes from the Medical Corridor, Canalside, the waterfront, and some of the best restaurants and entertainment the city has to offer. You also have quick access to I-190 and Route 33, making it easy to get anywhere in Buffalo or the surrounding suburbs. Inside, the home offers a great layout with over 1,100 square feet of living space. The main level features a bright living room, an eat-in kitchen, and a half bath for guests. Upstairs, you will find three comfortable bedrooms and a full bathroom. The home also includes central air, forced air heat, an attached garage, and a full basement with plenty of storage. If you want low-maintenance living in a location that keeps you close to everything happening in downtown Buffalo, this is a great opportunity. Whether you are a first-time buyer, downsizing, or adding to your portfolio, this property makes a lot of sense. Sellers may need additional time to find suitable housing. Offers to be submitted by Tuesday, 3/24 at 5 pm.
-
2026-03-25status Pending
Show marketing remark (1185 chars)
Welcome to 103 Delmar Mitchell Drive, a 3-bedroom, 1.5-bath townhouse located right in the heart of downtown Buffalo. If you are looking for convenience, this location is tough to beat. You are just minutes from the Medical Corridor, Canalside, the waterfront, and some of the best restaurants and entertainment the city has to offer. You also have quick access to I-190 and Route 33, making it easy to get anywhere in Buffalo or the surrounding suburbs. Inside, the home offers a great layout with over 1,100 square feet of living space. The main level features a bright living room, an eat-in kitchen, and a half bath for guests. Upstairs, you will find three comfortable bedrooms and a full bathroom. The home also includes central air, forced air heat, an attached garage, and a full basement with plenty of storage. If you want low-maintenance living in a location that keeps you close to everything happening in downtown Buffalo, this is a great opportunity. Whether you are a first-time buyer, downsizing, or adding to your portfolio, this property makes a lot of sense. Sellers may need additional time to find suitable housing. Offers to be submitted by Tuesday, 3/24 at 5 pm.
-
2026-03-18$195,000 Active
-
2026-03-16$195,000 Active 1185-char remark
Show marketing remark (1185 chars)
Welcome to 103 Delmar Mitchell Drive, a 3-bedroom, 1.5-bath townhouse located right in the heart of downtown Buffalo. If you are looking for convenience, this location is tough to beat. You are just minutes from the Medical Corridor, Canalside, the waterfront, and some of the best restaurants and entertainment the city has to offer. You also have quick access to I-190 and Route 33, making it easy to get anywhere in Buffalo or the surrounding suburbs. Inside, the home offers a great layout with over 1,100 square feet of living space. The main level features a bright living room, an eat-in kitchen, and a half bath for guests. Upstairs, you will find three comfortable bedrooms and a full bathroom. The home also includes central air, forced air heat, an attached garage, and a full basement with plenty of storage. If you want low-maintenance living in a location that keeps you close to everything happening in downtown Buffalo, this is a great opportunity. Whether you are a first-time buyer, downsizing, or adding to your portfolio, this property makes a lot of sense. Sellers may need additional time to find suitable housing. Offers to be submitted by Tuesday, 3/24 at 5 pm.
-
2018-04-16soldstatus $130,000 Closed Sale or Rented 560-char remark
Show marketing remark (560 chars)
WOW!!! NOTHING COMPARES TO THIS TASTEFULLY DECORATED 3 BR, 1.5 BATH LUXURY TOWNHOUSE WITHIN WALKING DISTANCE TO DOWNTOWN BUFFALO'S ENTERTAINMENT DISTRICT: CANAL SIDE , COCA COLA FIELD, MEDICAL CORRIDOR AND MORE * ENJOY SUNSETS AND FIREWORKS FROM YOUR PRIVATE DECK AND YARD * COMPLETELY RENOVATED IN 2015 * CHERRY CABINETS, GRANITE COUNTERTOPS, OAK FLOORS, WINDOWS, DOORS, A/C & HWT & 2ND FLR CARPETING * THIS UPSCALE TOWNHOUSE IS CURRENTLY USED AS AN AIRBNB WITH REVENUES IN EXCESS OF $18,000 IN 2016 * GREAT INVESTMENT POTENTIAL * * *
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2018-04-16soldstatus $130,000
Show marketing remark (560 chars)
WOW!!! NOTHING COMPARES TO THIS TASTEFULLY DECORATED 3 BR, 1.5 BATH LUXURY TOWNHOUSE WITHIN WALKING DISTANCE TO DOWNTOWN BUFFALO'S ENTERTAINMENT DISTRICT: CANAL SIDE , COCA COLA FIELD, MEDICAL CORRIDOR AND MORE * ENJOY SUNSETS AND FIREWORKS FROM YOUR PRIVATE DECK AND YARD * COMPLETELY RENOVATED IN 2015 * CHERRY CABINETS, GRANITE COUNTERTOPS, OAK FLOORS, WINDOWS, DOORS, A/C & HWT & 2ND FLR CARPETING * THIS UPSCALE TOWNHOUSE IS CURRENTLY USED AS AN AIRBNB WITH REVENUES IN EXCESS OF $18,000 IN 2016 * GREAT INVESTMENT POTENTIAL * * *
-
2018-03-07status Pending Sale 560-char remark
Show marketing remark (560 chars)
WOW!!! NOTHING COMPARES TO THIS TASTEFULLY DECORATED 3 BR, 1.5 BATH LUXURY TOWNHOUSE WITHIN WALKING DISTANCE TO DOWNTOWN BUFFALO'S ENTERTAINMENT DISTRICT: CANAL SIDE , COCA COLA FIELD, MEDICAL CORRIDOR AND MORE * ENJOY SUNSETS AND FIREWORKS FROM YOUR PRIVATE DECK AND YARD * COMPLETELY RENOVATED IN 2015 * CHERRY CABINETS, GRANITE COUNTERTOPS, OAK FLOORS, WINDOWS, DOORS, A/C & HWT & 2ND FLR CARPETING * THIS UPSCALE TOWNHOUSE IS CURRENTLY USED AS AN AIRBNB WITH REVENUES IN EXCESS OF $18,000 IN 2016 * GREAT INVESTMENT POTENTIAL * * *
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2018-02-22status Under Contract- Do Not Show 560-char remark
Show marketing remark (560 chars)
WOW!!! NOTHING COMPARES TO THIS TASTEFULLY DECORATED 3 BR, 1.5 BATH LUXURY TOWNHOUSE WITHIN WALKING DISTANCE TO DOWNTOWN BUFFALO'S ENTERTAINMENT DISTRICT: CANAL SIDE , COCA COLA FIELD, MEDICAL CORRIDOR AND MORE * ENJOY SUNSETS AND FIREWORKS FROM YOUR PRIVATE DECK AND YARD * COMPLETELY RENOVATED IN 2015 * CHERRY CABINETS, GRANITE COUNTERTOPS, OAK FLOORS, WINDOWS, DOORS, A/C & HWT & 2ND FLR CARPETING * THIS UPSCALE TOWNHOUSE IS CURRENTLY USED AS AN AIRBNB WITH REVENUES IN EXCESS OF $18,000 IN 2016 * GREAT INVESTMENT POTENTIAL * * *
-
2018-02-12$129,900 Active 560-char remark
Show marketing remark (560 chars)
WOW!!! NOTHING COMPARES TO THIS TASTEFULLY DECORATED 3 BR, 1.5 BATH LUXURY TOWNHOUSE WITHIN WALKING DISTANCE TO DOWNTOWN BUFFALO'S ENTERTAINMENT DISTRICT: CANAL SIDE , COCA COLA FIELD, MEDICAL CORRIDOR AND MORE * ENJOY SUNSETS AND FIREWORKS FROM YOUR PRIVATE DECK AND YARD * COMPLETELY RENOVATED IN 2015 * CHERRY CABINETS, GRANITE COUNTERTOPS, OAK FLOORS, WINDOWS, DOORS, A/C & HWT & 2ND FLR CARPETING * THIS UPSCALE TOWNHOUSE IS CURRENTLY USED AS AN AIRBNB WITH REVENUES IN EXCESS OF $18,000 IN 2016 * GREAT INVESTMENT POTENTIAL * * *
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2017-10-12status Pending Sale
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2017-09-26status Under Contract- Do Not Show
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2017-09-23historical
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2017-09-08$135,000 Active
-
2017-09-08historical
-
2017-06-09$149,900 Active
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2013-12-24soldstatus $54,750
-
2013-10-28historical
-
2013-10-28$56,900
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2013-10-04$68,900
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1996-03-12soldstatus $77,800
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast NY · Partial reset (capped growth)
- Current annual tax
- $695 · $58/mo
- Projected year-2 tax
- $1,995 · $166/mo
- Expected delta
- +$1,300/yr (+$108/mo · 187.1%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 3/10 Moderate 7 d/yr ≥91°F today · 15 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 4/10 Moderate 4 unhealthy d/yr today · 9 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $26,388
- − Mortgage interest
- −$10,923
- − Property taxes
- −$695
- − Insurance
- −$975
- − Repairs & maintenance
- −$2,111
- − Management
- −$2,111
- − HOA
- −$1,800
- − Depreciation
- −$5,673
- Taxable income
- $2,100
- Est. tax owed @ 24.0%
- −$504
- After-tax cash flow
- $4,601/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Buffalo City School District
- NCES district ID
- 3605850
- Math proficiency
- 41% ▲ 11.00%
- Reading proficiency
- 40% ▲ 7.00%
- Median HH income
- $31,665
- Composite
- 33.17/100
- National rank
- #5544
- State rank
- #535 of 590 in NY
Livability — Buffalo
- Score
- 77/100
- State rank
- #195
- US rank
- #3011
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Buffalo, NY
- County
- Erie County · 714,559 people
- City population
- 440,021
- Metro
- Buffalo-Cheektowaga, NY
- Population (ZIP)
- 7,932
- Household income
- $28,182
- Rent vs Own
- Severe rent burden
- 945.0
Population outlook (Erie County) Hauer SSP2
- Today (2025)
- 933,037 people
- By 2030
- 935,181 · +0.2%
- By 2040
- 928,531 · -0.5%
- By 2050
- 905,725 · -2.9%
- By 2075
- 834,037 · -10.6%
- By 2100
- 708,033 · -24.1%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.60)
- Race & ethnicity
- Black 58% White 19% Hispanic / Latino 18% Two or more races 4%
- Hispanic origin (detail)
- Puerto Rican 14% Dominican 1%
- Common ancestry
- Romanian 2% Subsaharan African 1%
- Foreign-born
- 6% · Canada
- Languages at home
- 81% English-only · Spanish 14% French/Haitian/Cajun 2% Russian/Polish/Slavic 1%
Political lean MEDSL · Erie
- 2024 margin
- Lean D (+9.7) · D 54.8% · R 45.2%
- 2008→2024 swing
- -7.9pp toward R · 2008: 17.5pp · 2024: 9.7pp
- All cycles
- 2024: D+9.7 2020: D+14.7 2016: D+4.8 2012: D+15.6 2008: D+17.5
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -3.36%
- Current HPI
- 312.6232
- Rent YoY
- ▲ 5.48%
- Metro
- Buffalo-Cheektowaga, NY
- State GDP YoY
- ▲ 2.60%
- F500 in state
- 92
Industry mix (Fortune 500 HQ in NY)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Financial Services | 10 | $950B |
|
||
| Consumer Goods | 9 | $162B |
|
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| Insurance | 4 | $225B |
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| Telecommunications | 2 | $144B |
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| Pharmaceuticals | 2 | $112B |
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| Media / Entertainment | 2 | $69B |
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Price history
+150.6% since first listed20 events — show timeline
- 2026-03-25 Pending — WNYREIS
- 2026-03-25 Pending — WNYREIS
- 2026-03-18 Listed $195,000 WNYREIS
- 2026-03-16 Listed $195,000 WNYREIS
- 2018-04-16 Sold (Public Records) $130,000 Public Records
- 2018-04-16 Sold (MLS) $130,000 WNYREIS
- 2018-03-07 Pending — WNYREIS
- 2018-02-22 Pending — WNYREIS
- 2018-02-12 Listed $129,900 WNYREIS
- 2017-10-12 Pending — WNYREIS
- 2017-09-26 Pending — WNYREIS
- 2017-09-23 Listing Removed — WNYREIS
- 2017-09-08 Listed $135,000 WNYREIS
- 2017-09-08 Listing Removed — WNYREIS
- 2017-06-09 Listed $149,900 WNYREIS
- 2013-12-24 Sold (MLS) $54,750 WNYREIS
- 2013-10-28 Listed $56,900 WNYREIS
- 2013-10-28 Listing Removed — WNYREIS
- 2013-10-04 Listed $68,900 WNYREIS
- 1996-03-12 Sold (Public Records) $77,800 Public Records
Property tax history
+8.9%/yrLatest (2025): $695 · +0.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…