1246 Calumet AveNiagara FallsNY14305
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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
Rental property for sale in Niagara Falls at 1246 Calumet Ave, Niagara Falls, NY, 14305 priced at $139,999 converts $1,050/mo rent into $115/mo cash flow after a $685/mo obligation. Total monthly income equals $1,050/mo, and annual cash flow totals $1,384/yr on $46,410 invested. Return on cash invested prints 22.89% in year one, and rental yield reads 9% against a $139,999 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation compiles into $38,679 by year five. Five-year ROI reaches 119.56% and total cumulative return in cash sums $55,486. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,050/mo property income covering a $685/mo payment, not borrower’s personal income.
Single Family
Built in 1890
3,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14305, Niagara Falls, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,035 (100%) |
| Owner Occupied HU | 3,874 (48.2%) |
| Renter Occupied HU | 3,182 (39.6%) |
| Vacant Housing Units | 979 (12.2%) |
| Median Home Value | $158,333 |
| Average Home Value | $261,001 |
Housing Distribution
Address Breakdown
Residential
6,891
Single Family
6,391
Multi-Family
500
Businesses
363
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Listed by: David Harris • Iconic Real Estate
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #B1637081
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