Multi-family
43 Boyd St · Buffalo, NY
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
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 A- 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 +30.0/30.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Appreciation +8.8/10.0
- ARV discount +7.5/15.0
- Condition / age +4.0/5.0
- Livability +3.9/5.0
- Schools +3.8/10.0
- Rent growth +2.4/5.0
$78,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Multi-family units
County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 1 unit. estimate disagrees with records
Listing remarks
* * * ATTENTION INVESTORS!!! * * * * JUST REDUCED THE PRICE AGAIN * * * RECENT DEAL DID NOT GO THROUGH * * * * PRICED FOR QUICK SALE * * * * Great property in a prime location on Buffalo’s desirable West Side. Major updates have already been completed, including a newer roof (approx. 2.5 years), siding (approx. 1.5 years), and recently replaced sewer and water lines from the street to the house (approx. 9 months). The property also features two furnaces and two hot water tanks, all only 2 months old, updated circuit breakers, and several newer windows already installed, with additional windows included in the property for completion.
Key facts
- Newer roof
- Newer siding
- Replaced water lines
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/2.0-bath multifamily listed at $79k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $2k ($20k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($3k rent vs $79k).
- Recommended offer: $74k (6.0% below list) — sets the bar for market timing.
- Cap rate 32.2% vs local median 7.0% in Buffalo — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
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 soft (-0.5%/yr); 185 active listings in the ZIP; 16 comparable units currently listed for rent nearby; rentals lingering (median 64d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 94% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,244 units permitted in Erie County in 2024 (563 in 5+ unit buildings).
- At $2,783/mo this rent would consume 62% of the median local household income ($54k/yr) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- In year one you build about $6k of equity ($545 loan paydown + $6k appreciation (7.5% local appreciation)).
- At projected returns (7.5% appreciation + 0.0% rent growth), your $22k cash investment doubles in ~1 year — after that, you're playing with house money.
- By year 6, paydown + projected appreciation supports a ~$36k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 74 days — a 6% lower offer ($74k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts; this cycle's ask has dropped $11k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $50k; list at $79k implies a 58% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1890 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 74 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
- Built in 1890 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- 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 apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 3.53% ✓
- Cap rate
- 32.16%
- Cash-on-cash
- 92.38%
- DSCR
- 5.11
- GRM
- 2.4
CMA / ARV
- ARV (median comp)
- $264,896
- List price
- $78,900
- Delta
- -70.21%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 248 Auburn Ave | 0.16mi | 5/2.0 (+1) | 1,872 (-9%) | 1mo | $252,000 | $135 | 71 |
| 38 Ardmore Pl | 0.39mi | 5/2.0 (+1) | 2,121 (+3%) | 7mo | $230,000 | $108 | 66 |
| 305 Parkdale Ave | 0.45mi | 4/2.0 | 1,898 (-8%) | 2mo | $260,000 | $137 | 64 |
| 298 Massachusetts Ave | 0.41mi | 5/2.0 (+1) | 2,221 (+8%) | 2mo | $220,000 | $99 | 61 |
| 234 Dewitt St | 0.52mi | 5/3.0 (+1) | 2,120 (+3%) | 3mo | $59,000 | $28 | 60 |
| 375 Plymouth Ave | 0.68mi | 4/2.0 | 2,121 (+3%) | 6mo | $265,000 | $125 | 59 |
| 268 Hoyt St | 0.41mi | 5/2.0 (+1) | 1,863 (-10%) | 1mo | $152,500 | $82 | 59 |
| 23 Sherwood St | 0.31mi | 3/2.0 (-1) | 1,830 (-11%) | 5mo | $150,000 | $82 | 57 |
| 214 W Ferry St Unit N | 0.27mi | 5/2.0 (+1) | 2,296 (+11%) | 9mo | $185,000 | $81 | 56 |
| 118 Auburn Ave | 0.38mi | 4/2.0 | 1,760 (-15%) | 10mo | $260,000 | $148 | 49 |
| 440 W Utica St Unit S | 0.54mi | 4/3.0 | 2,371 (+15%) | 2mo | $380,000 | $160 | 44 |
| 228 Potomac Ave | 0.49mi | 3/2.0 (-1) | 1,782 (-14%) | 11mo | $325,000 | $182 | 40 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
7.51% appreciation · 0.0% rent growth · sell at horizon
- IRR
- 96.7%
- Equity multiple
- 6.90×
- Total profit
- $130,237
- Equity at exit
- $57,342
- IRR
- 92.7%
- Equity multiple
- 13.79×
- Total profit
- $282,447
- Equity at exit
- $111,430
Cash invested: $22,092 (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
Active competition Active MLS
- For sale now
- 20 active · 18 under contract
- Months of supply
- 6.3 mo (16%/mo absorbed)
- Median asking
- $195,000 ($95/sqft)
- Median days on market
- 65 d
- This list price
- lowest-priced of the active set
- ARV vs active asking
- +34.9% above current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 14213
- Home prices YoY
- 1.7%
- Rents YoY
- -0.5%
- Active inventory
- 185
- Price-to-rent
- 4.7×
Monthly cashflow live
- Estimated rent
- $2,783 high interval (Pro) →
- Mortgage (P&I)
- −$414
- Tax from tax record
- −$51 /mo · $614/yr
- Insurance
- −$33
- HOA
- −$0
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$584
- Net cashflow
- $1,701
2-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 2× units | 2 | 1 | $2,782 |
| #1 | 2 | 1 | $1,391 |
| #2 | 2 | 1 | $1,391 |
| Total (2 units) | $2,783 | ||
Break-even live
Sensitivity live
| Price | -10% $1,745 | -5% $1,723 | +0% $1,701 | +5% $1,678 | +10% $1,656 |
|---|---|---|---|---|---|
| Rent | -10% $1,481 | -5% $1,591 | +0% $1,701 | +5% $1,811 | +10% $1,921 |
| Rate | -1.0pp $1,740 | -0.5pp $1,721 | base $1,701 | +0.5pp $1,680 | +1.0pp $1,660 |
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
- $19,725
- Closing costs
- $2,367
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 308 Breckenridge St Buffalo, NY | 3.0 | 1.0 | — | $1,095 | — | 51d | 1 | 0.06mi |
| 267 Breckenridge St Buffalo, NY | 2.0 | 1.0 | — | $1,695 | — | 73d | 1 | 0.14mi |
| 352 Auburn Ave Buffalo, NY | 3.0 | 1.0 | — | $1,250 | — | 30d | 1 | 0.14mi |
| 130 Parkdale Ave Buffalo, NY | 1.0 | 1.0 | 650 | $900 | $1.38 | 93d | 1 | 0.14mi |
| 136 Parkdale Ave Unit 1 Buffalo, NY | 1.0 | 1.0 | 900 | $900 | $1.00 | 93d | 1 | 0.15mi |
| 136 Parkdale Ave Unit 4 Buffalo, NY | 2.0 | 1.0 | — | $950 | — | 63d | 1 | 0.15mi |
| 375 Hampshire St Buffalo, NY | 3.0 | 1.0 | 1200 | $1,100 | $0.92 | 93d | 1 | 0.17mi |
| 15 Auchinvole Ave Unit upper Buffalo, NY | 2.0 | 1.0 | — | $1,450 | — | 93d | 1 | 0.17mi |
| 405 W Ferry St Unit Lower Buffalo, NY | 3.0 | 1.0 | 2480 | $1,500 | $0.60 | 93d | 1 | 0.18mi |
| 411 W Ferry St Buffalo, NY | 2.0 | 1.0 | 900 | $1,100 | $1.22 | 63d | 1 | 0.18mi |
| 83 Baynes St Unit Lower Buffalo, NY | 3.0 | 1.0 | 2550 | $1,750 | $0.69 | 39d | 1 | 0.19mi |
| 93 Baynes St Unit 1 Buffalo, NY | 2.0 | 1.0 | — | $2,000 | — | 47d | 1 | 0.19mi |
| 93 Baynes St Unit 2 Buffalo, NY | 2.0 | 1.0 | — | $2,500 | — | 47d | 1 | 0.19mi |
| 109 19th St Buffalo, NY | 2.0 | 1.0 | — | $950 | — | 28d | 1 | 0.20mi |
| 257 Lafayette Ave Apt 319 Buffalo, NY | 2.0 | 1.0 | 900 | $1,400 | $1.56 | 47d | 1 | 0.20mi |
| 257 Lafayette Ave Apt 207 Buffalo, NY | 2.0 | 1.0 | 740 | $1,400 | $1.89 | 41d | 1 | 0.20mi |
| 257 Lafayette Ave Buffalo, NY | 2.0 | 1.0 | 740 | $1,400 | $1.89 | 35d | 1 | 0.20mi |
| 257 Lafayette Ave Unit 317 Buffalo, NY | 2.0 | 1.0 | 897 | $1,400 | $1.56 | 73d | 1 | 0.20mi |
| 310 Hampshire St Apt 3 Buffalo, NY | 3.0 | 1.0 | 1200 | $1,500 | $1.25 | 93d | 1 | 0.23mi |
| 196 Auburn Ave Buffalo, NY | 3.0 | 1.0 | 1000 | $1,300 | $1.30 | 93d | 1 | 0.25mi |
| 478 Breckenridge St Buffalo, NY | 3.0 | 1.0 | 1100 | $1,575 | $1.43 | 93d | 1 | 0.26mi |
| 67 Herkimer St Buffalo, NY | 3.0 | 1.0 | 1000 | $1,300 | $1.30 | 63d | 1 | 0.27mi |
| 155 Lafayette Ave Buffalo, NY | 3.0 | 1.0 | 1216 | $1,650 | $1.36 | 41d | 1 | 0.27mi |
| 503 Massachusetts Ave Unit 1300524P Buffalo, NY | 1.0 | 1.0 | — | $6,052 | — | 73d | 1 | 0.30mi |
| 528 Richmond Ave Unit 2 Buffalo, NY | 3.0 | 1.0 | 1500 | $1,650 | $1.10 | 34d | 1 | 0.33mi |
| 311 Herkimer St #1 Buffalo, NY | 3.0 | 1.0 | 1272 | $1,400 | $1.10 | 63d | 1 | 0.34mi |
| 67 Arkansas St Buffalo, NY | 3.0 | 1.0 | 2148 | $1,300 | $0.61 | 11d | 1 | 0.36mi |
| 160 W Ferry St Buffalo, NY | 2.0 | 1.0 | 8192 | $1,100 | $0.13 | 63d | 1 | 0.36mi |
| 77 California St Unit 1 Buffalo, NY | 2.0 | 1.0 | 800 | $1,100 | $1.38 | 93d | 1 | 0.37mi |
| 169 Congress St Buffalo, NY | 3.0 | 1.0 | — | $1,295 | — | 51d | 1 | 0.39mi |
| 460 Rhode Island St Buffalo, NY | 2.0 | 1.0 | 1089 | $1,500 | $1.38 | 63d | 1 | 0.39mi |
| 163 W Delavan Ave Buffalo, NY | 3.0 | 1.0 | 1000 | $1,500 | $1.50 | 73d | 1 | 0.40mi |
| 350 Herkimer St Buffalo, NY | 3.0 | 1.0 | 1000 | $1,450 | $1.45 | 30d | 1 | 0.42mi |
| 236 Massachusetts Ave Unit 5 Buffalo, NY | 1.0 | 1.0 | 1000 | $1,050 | $1.05 | 63d | 1 | 0.48mi |
| 236 Massachusetts Ave Unit 5 Buffalo, NY | 1.0 | 1.0 | 1000 | $1,100 | $1.10 | 93d | 1 | 0.48mi |
| 674 Richmond Ave Unit 1 Buffalo, NY | 2.0 | 1.0 | 1300 | $1,595 | $1.23 | 28d | 1 | 0.49mi |
| 589 Breckenridge St Unit 2 Buffalo, NY | 2.0 | 2.0 | — | $1,900 | — | 28d | 1 | 0.49mi |
| 353 Richmond Ave Buffalo, NY | 1.0 | 1.0 | — | $725 | — | 93d | 1 | 0.50mi |
| 185 Potomac Ave Buffalo, NY | 2.0 | 1.0 | 1200 | $1,300 | $1.08 | 73d | 1 | 0.50mi |
| 466 W Delavan Ave Unit 3 Buffalo, NY | 1.0 | 1.0 | 800 | $1,350 | $1.69 | 93d | 1 | 0.51mi |
Property features AI
Finance
- Financial info
- Owner pays electricity and water for rentalsRent currently listed as $0 for units in data (verify current rents)Operating expenses include insurance and water/sewer (see remarks)
Exterior
- Parking
- Two-car garageTwo or more off-street parking spaces
- Utilities
- Public water connectedSewer connected
- Home design
- Two-story buildingMultifamily property with 2 total unitsExisting/resale condition
- Construction
- Vinyl sidingWood sidingSlab foundationBuilt (existing structure)
- Exterior features
- Near public transitRectangular residential lotCity street frontage
Interior
- Kitchen
- Eat-in kitchen (unit 1)Standard kitchen with formal dining access (unit 2)
- Bedrooms
- Two bedrooms in each unit (both units are 2-bed)
- Flooring
- LaminateVinylVaries
- Bathrooms
- One full bathroom in each unit (two full bathrooms total)
- Heating & cooling
- Gas heating (see remarks)
- Interior features
- Eat-in kitchen (in one unit)Formal dining room (in one unit)Living room(s)
- Laundry & utility
- Gas water heater
Listing history 50 events
-
2026-08-08days on market $78,900 Active 74 DOM
-
2026-08-07days on market $78,900 Active 73 DOM
-
2026-08-06days on market $78,900 Active 72 DOM
-
2026-08-05days on market $78,900 Active 71 DOM
-
2026-08-04days on market $78,900 Active 70 DOM
-
2026-08-03pricedays on market $78,900 Active 69 DOM
-
2026-07-31days on market $80,900 Active 66 DOM
-
2026-07-30days on market $80,900 Active 65 DOM
-
2026-07-30days on market $80,900 Active 64 DOM
-
2026-07-28days on market $80,900 Active 63 DOM
-
2026-07-26days on market $80,900 Active 61 DOM
-
2026-07-24days on market $80,900 Active 59 DOM
-
2026-07-23days on market $80,900 Active 58 DOM
-
2026-07-22days on market $80,900 Active 57 DOM
-
2026-07-21days on market $80,900 Active 56 DOM
-
2026-07-20days on market $80,900 Active 55 DOM
-
2026-07-18days on market $80,900 Active 53 DOM
-
2026-07-18days on market $80,900 Active 52 DOM
-
2026-07-16days on market $80,900 Active 51 DOM
-
2026-07-15days on market $80,900 Active 50 DOM
-
2026-07-14days on market $80,900 Active 49 DOM
-
2026-07-13days on market $80,900 Active 48 DOM
-
2026-07-13days on market $80,900 Active 47 DOM
-
2026-07-11days on market $80,900 Active 46 DOM
-
2026-07-10days on market $80,900 Active 45 DOM
-
2026-07-10price $80,900 Active 44 DOM
-
2026-07-09days on market $89,900 Active 44 DOM
-
2026-07-07days on market $89,900 Active 42 DOM
-
2026-07-06days on market $89,900 Active 41 DOM
-
2026-07-05days on market $89,900 Active 40 DOM
-
2026-07-03days on market $89,900 Active 38 DOM
-
2026-07-02days on market $89,900 Active 37 DOM
-
2026-07-01days on market $89,900 Active 36 DOM
-
2026-06-30days on market $89,900 Active 35 DOM
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2026-06-29days on market $89,900 Active 34 DOM
-
2026-06-28days on market $89,900 Active 33 DOM
-
2026-06-27days on market $89,900 Active 32 DOM
-
2026-06-27days on market $89,900 Active 31 DOM
-
2026-06-25days on market $89,900 Active 29 DOM
-
2026-06-22days on market $89,900 Active 27 DOM
-
2026-06-21days on market $89,900 Active 26 DOM
-
2026-06-18days on market $89,900 Active 23 DOM
-
2026-06-17days on market $89,900 Active 22 DOM
-
2026-06-16days on market $89,900 Active 21 DOM
-
2026-06-15days on market $89,900 Active 20 DOM
-
2026-06-13days on market $89,900 Active 18 DOM
-
2026-06-13days on market $89,900 Active 17 DOM
-
2026-06-10days on market $89,900 Active 15 DOM
-
2026-06-09days on market $89,900 Active 14 DOM
-
2026-06-08days on market $89,900 Active 13 DOM
ⓘ 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
- $614 · $51/mo
- Projected year-2 tax
- $974 · $81/mo
- Expected delta
- +$360/yr (+$30/mo · 58.5%)
ⓘ 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
- $33,396
- − Mortgage interest
- −$4,420
- − Property taxes
- −$614
- − Insurance
- −$394
- − Repairs & maintenance
- −$2,672
- − Management
- −$2,672
- − Depreciation
- −$2,295
- Taxable income
- $20,329
- Est. tax owed @ 24.0%
- −$4,879
- After-tax cash flow
- $15,530/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.
Condition & rehab AI · 3 photos
This multi-family property is in good condition with recent updates, including a new roof, siding, and HVAC systems. It is located in a prime location with good curb appeal and minimal maintenance required.
Components & finishes AI
Value-add opportunities
- Both Paint exterior — Enhances curb appeal and property value ↑
- Both Trim hedges — Improves landscaping and enhances curb appeal ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
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 · 933,037 people
- City population
- 440,021
- Metro
- Buffalo-Cheektowaga, NY
- Population (ZIP)
- 24,107
- Household income
- $53,870
- Rent vs Own
- Severe rent burden
- 9% of renters
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
- Highly diverse neighborhood (Simpson 0.70)
- Race & ethnicity
- White 46% Hispanic / Latino 20% Black 18% Asian 12% Two or more races 10%
- Hispanic origin (detail)
- Mexican 1% Puerto Rican 16% Dominican 1%
- Common ancestry
- Romanian 6% Slovak 3% Lithuanian 3%
- Foreign-born
- 16% · Philippines, Canada, India
- Languages at home
- 68% English-only · Spanish 12% Other Asian/Pacific 7% Arabic 3%
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
- ▲ 7.51%
- Current HPI
- 448.4879
- Rent YoY
- ▼ -0.49%
- 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 |
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| 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
+79.8% since first listed9 events — show timeline
- 2026-07-09 Price Changed $80,900 WNYREIS
- 2026-05-26 Listed $89,900 WNYREIS
- 2026-05-03 Listing Removed — WNYREIS
- 2026-04-29 Price Changed $94,000 WNYREIS
- 2026-04-13 Price Changed $99,000 WNYREIS
- 2026-03-10 Price Changed $115,900 WNYREIS
- 2026-02-03 Listed $129,900 WNYREIS
- 2022-09-01 Sold (Public Records) $50,000 Public Records
- 2020-01-21 Sold (Public Records) $45,000 Public Records
Property tax history
+17.0%/yrLatest (2025): $614 · +71.2% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…