1340 Garrett 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
Investment property for sale in Niagara Falls at 1340 Garrett Ave, Niagara Falls, NY, 14305 at $214,200 posts ROI 21.26% with $80/mo cash flow from $1,510/mo rent. Total monthly income equals $1,510/mo, and annual cash flow records $960/yr on $71,007 to close. Return on cash invested measures 21.26% and rental yield reads 8.46% at the current $214,200. Equity gained on principal adds $1,382/yr, and 5% annual appreciation supports $59,180 by year five. Five-year ROI prints 110.81% and total cumulative return in cash totals $78,686.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,510/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
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: Renee Moran • Red Door Real Estate WNY LLC
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #B1583175
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