2215 La Salle AveNiagara FallsNY14301
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Nearby investment properties with comparable prices
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 2215 La Salle Ave, Niagara Falls, NY, 14301 offers a 9.6% rental yield on a $104,999 purchase with $840/mo rent. Total monthly income registers $840/mo, and a $514/mo payment leaves $139/mo available for distribution. Annual cash flow reaches $1,665/yr on $34,807 to close, and return on cash invested stands at 24.69% in year one. Equity gained on principal adds $678/yr while 5% annual appreciation supports $29,009 over five years. Portfolio math shows five-year ROI at 129.15% and total cumulative return in cash at $44,953. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $840/mo property income against a $514/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
3,811 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: Ann Wojciechowski • Century 21 North East
Mls Name: NYSAMLSs
Mls ID: #B1622900