Investor Opportunity: 93 Farmer St, Buffalo, NY 14207 (Black Rock Neighborhood)Turnkey Cash-Flow Single-Family with Strong Upside PotentialThis 4-bedroom, 1-bath, 1,750 sq ft home (built 1910) sits on a 5,000+ sq ft lot in Buffalo’s established Black Rock neighborhood — an affordable, renter-friendly area with solid demand from working families and proximity to employment centers, transit, and revitalization corridors.
Key Investment Highlights:Low Acquisition Basis: Last sold for $63,000 in 2022; current estimates range $108K–$143K, offering room for immediate equity through light updates.
Rental Potential: Spacious layout supports strong rents — Zestimate around $1,788/month. Black Rock median rents hover ~$1,100–$1,800 depending on condition and bedrooms, delivering attractive cash-on-cash returns in a market known for favorable price-to-rent ratios.
Recent Updates (per prior listing): Newer roof/gutters (2012), updated electric, Anderson windows, water main replacement, aluminum siding, and more. Fenced yard with fruit trees adds tenant appeal and low-maintenance outdoor space.
Low Carrying Costs: Annual taxes ~$657 — very manageable for investors.
Market Tailwinds: Buffalo ranks among the top U.S. markets for 2026 investment due to affordability, rental demand, and steady appreciation potential amid city revitalization. Black Rock offers a stable rental pocket with ongoing interest from both owner-occupants and investors.
Perfect for:House hacking (live in one bedroom, rent the rest)
Buy-and-hold rental
Light rehab/flip for quick equity
This property delivers immediate cash flow + forced appreciation in a resilient Rust Belt market that continues to attract investors seeking high yields without coastal price tags. Ideal entry point for portfolios looking to scale in Buffalo’s strong 2026 outlook.
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
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Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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