151 Buffalo Ave APT 303Niagara FallsNY14303
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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 151 Buffalo Ave APT 303, Niagara Falls, NY, 14303 earns $39/mo cash flow from $1,375/mo rent with a $979/mo payment. Total monthly income totals $1,375/mo, and annual cash flow totals $472/yr on $66,300 capital. ROI tracks 20.62% on current figures, and rental yield reads 8.25% at a $200,000 purchase. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 over five years. Five-year ROI reaches 107.34% and total cumulative return in cash sums $71,168. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,375/mo property income instead of your personal income.
Condo
Built in 1963
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14303, Niagara Falls, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,649 (100%) |
| Owner Occupied HU | 1,183 (32.4%) |
| Renter Occupied HU | 1,647 (45.1%) |
| Vacant Housing Units | 819 (22.4%) |
| Median Home Value | $81,815 |
| Average Home Value | $137,109 |
Housing Distribution
Address Breakdown
Residential
2,363
Single Family
2,090
Multi-Family
273
Businesses
226
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Listed by: Geraldine A Andolina • Century 21 North East
Mls Name: NYSAMLSs
Mls ID: #B1656676