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66 Grandview Ave
Property Overview
Active Listing
1 / 11
11 listing photos · Tap Enlarge for full-size view
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Specs
4
Beds
2
Baths
Interior Living Space (Sq Ft)
1968 sq ft
Lot Size (Sq Ft)
4,356 sq ft
Year Built
1926
Price/Sq Ft (Living Area)
127$
Price/Sq Ft (Lot Size)
57$
Lifestyle
Walk Score
0
Transit Score
20
Neighborhood Vibe
A calculation based on nearby amenity density.
Taxes
%
FY 2023
Tax Year
Annual Tax
$4,690
Assessed Value
$50,000
Last Sale
2023
$230,000
Price History
Zestimate Range
$115k – $285k
+142.1%
since 2016
2016: $118kNow: $285k
Zillow Zestimate history · 118 data points
Safety & Hazards
A
Safety Rating
Based on Crime & Hazards
Crime Rate Index
Very Low
0/100
Flood Risk
Common zones in Buffalo include Zone AE and Zone X; specific zone requires direct FEMA portal lookup.
None found specific to this address/street.
Zumintel Report
EVALUATED FOR: LONG-TERM RENTAL
66 Grandview Ave, Buffalo, NY 14223
MULTI_FAMILY•June 24, 2026•MLS #R1690955
48/100
Rental Score
Executive Summary
Verdict Locked
Based on current list price and market conditions.
Est. Price
$249,900
Square Feet
1,968
Year Built
1926
Configuration
4bd / 2ba
Market Context
- Pricing PositionProperty is priced below the median sale price for the 14223 zip code, which is $260K.
- Liquidity RiskLow liquidity risk, as homes in the 14223 zip code sell quickly, averaging 13 days on the market.
- NeighborhoodThe 14223 zip code is characterized by a competitive seller's market with low inventory and quick sales.
- Local MarketMedian Neighborhood Price: $260,000 (+4% YoY)Market Velocity: Increasing • Inventory: Low • Avg DOM: 13 days
- Investment PotentialEstimated Rent: $1,270/moCap Rate: 3.96% • 5-Year Growth: +21.7%
Location & Commute
- Convenient access to public transportation, located only one block from Metro Rail and NFTA bus lines.
- The neighborhood is part of the 14223 zip code, which is identified as a competitive seller's market.
- Proximity to local amenities, with lifestyle points of interest (Halal Restaurant, Pharmacy) within short driving/transit distances.
Payment Calculator
$
$
Assumptions & Methodology
- •STR Data: Nightly yields mapped from regional AVM adjusted comps using a conservative median occupancy baseline. Verified via AI context.
- •Cap Rate: Derived mathematically (Market Adjusted Gross Yield minus standard expense, maintenance, and vacancy ratios).
- •Standard Math: Standard principle and interest amortized over 30-year fixed rates. Taxes and insurance are estimations.
Estimated Monthly Payment
$2,083
Principal & Interest
$1,264Operating Expenses/mo
$819Long-Term Rental Impact
Estimated Payment$2,083
-Projected Rental Income-$2,220
Net Payment Out-of-Pocket$0/mo
The conventional US estimated payment calculation is for informational purposes only. Users are free to make their financial decisions based on their personal economic, ethical and religious belief systems.
Financial Performance
Based on 6.5% rate · 20% down · 30-yr fixedInvestment Analysis Locked
Detailed Cash Flow, Cap Rate, and ROI projections are available for Builder+ plans or by using Top-Up Credits.
Upgrade to Unlock Investment DataComparative Market Analysis
Validate the asking price against recent comparable sales in the area. Includes similarity scoring, price adjustments, and exclusion reasoning.
Strategic Assessment
Key Advantages
- •Well-maintained multi-family property with recent updates, offering income potential from two units.
- •Strong market liquidity in the 14223 zip code, with homes selling in an average of 13 days.
- •Excellent access to public transportation, including Metro Rail and NFTA bus lines, enhancing tenant appeal.
- •Located in a competitive seller's market with positive year-over-year appreciation.
Considerations
- •Conservative estimated total gross rent results in a lower Cap Rate, potentially impacting immediate cash flow projections.
- •Specific FEMA flood zone designation and zoning code require direct municipal portal lookup.
- •Overall Buffalo market rent growth can be variable, with some sources showing modest increases or slight adjustments.
Due Diligence
- •Verify the specific FEMA flood zone designation for the property to assess flood insurance requirements.
- •Confirm the exact zoning code and any potential future density changes through the City of Buffalo Property Viewer.
10-Year Wealth Outlook
10-Year Wealth Outlook · Pro+
Upgrade to Pro to see how this property builds (or erodes) wealth and why.
Verdict Locked
Analyst Verdict
Based on current list price and market conditions.
STRONG BUY
Use-Case Alignment
living
High Match
Short-Term
Low Match
Living+STR
High Match
rental
High Match
House Hack
High Match
flip
Low Match
Disclaimer: This report is for informational purposes only and does not constitute financial or real estate advice. Zumintel is not liable for any inaccuracies or the condition of the property. Users should conduct their own due diligence.
Definitions & Methodology
Cap Rate (Capitalization Rate)Net Operating Income (NOI) divided by the property asset value. It indicates the potential rate of return on the real estate investment.
Investment ScoreA proprietary composite score (0-100):
- 80-100: Excellent (Strong Cashflow & Potential)
- 60-79: Good (Stable, Moderate Returns)
- 40-59: Fair (Value Add Required)
- <40: Risky (Negative Cashflow/High Risk)
Walk ScoreA measure of walkability based on the distance to nearby amenities. 90-100 is a "Walker's Paradise".
Transit ScoreEstimates how well a location is served by public transport. Calculated based on distance to nearest stops and frequency.
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