1802 Cleveland 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 1802 Cleveland Ave, Niagara Falls, NY, 14305 with 5% annual appreciation on a $113,600 basis while $873/mo rent supports operations. Total monthly income totals $873/mo and a $556/mo payment preserves $114/mo for cash returns. Annual cash flow comes to $1,373/yr on $37,658 deployed, and return on cash invested reaches 23.55% in year one. Equity gained on principal adds $733/yr, and five-year appreciation sums $31,386 alongside rental yield of 9.22%. Five-year ROI measures 123.13% and total cumulative return in cash totals $46,370.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $873/mo property income versus a $556/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1910
2,517 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: N/A • N/A
Mls Name: HUNT ERA Real Estate
Mls ID: #B1587211