2217 Falls StNiagara FallsNY14303
Nearby investment properties with comparable rents
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
Rental property for sale in Niagara Falls at 2217 Falls St, Niagara Falls, NY, 14303 priced at $124,900 pairs $1,243/mo rent with $409/mo cash flow after a $611/mo payment. Total monthly income equals $1,243/mo, and annual cash flow comes to $4,911/yr on $41,404 invested. Return on cash invested is 31.77% in year one, and rental yield stands at 11.94% on a $124,900 basis. Equity gained on principal adds $806/yr, and 5% annual appreciation accumulates to $34,508 by year five. Five-year ROI measures 167.19% and total cumulative return in cash reaches $69,226. For financing, Ziffy Mortgage’s DSCR program evaluates $1,243/mo property income against a $611/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1920
6,224 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: Sabbir Ahmed • Towne Housing Real Estate
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #B1498441
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