1614 Ferry AveNiagara FallsNY14301
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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 1614 Ferry Ave, Niagara Falls, NY, 14301 listed at $125,000 pairs $1,297/mo rent with a $612/mo payment to leave $462/mo cash flow. Total monthly income runs $1,297/mo, and annual cash flow reaches $5,545/yr on $41,438 cash to close. Return on cash invested measures 33.29% in year one, and rental yield registers 12.45% at a $125,000 basis. Equity gained on principal adds $807/yr, and annual property appreciation at 5% supports $34,535 by year five. Five-year ROI tracks 175.33% and total cumulative return in cash totals $72,653. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,297/mo property income relative to a $612/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1929
3,497 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14301, Niagara Falls, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,029 (100%) |
| Owner Occupied HU | 1,770 (25.2%) |
| Renter Occupied HU | 3,681 (52.4%) |
| Vacant Housing Units | 1,578 (22.4%) |
| Median Home Value | $78,972 |
| Average Home Value | $163,034 |
Housing Distribution
Address Breakdown
Residential
4,902
Single Family
4,400
Multi-Family
502
Businesses
344
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Listed by: Lakea Perry • Towne Housing Real Estate
Mls Name: NYSAMLSs
Mls ID: #B1652969