2261 Grand 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 2261 Grand Ave, Niagara Falls, NY, 14301 listed at $175,000 pairs $1,798/mo rent with a $857/mo payment to leave $629/mo cash flow. Total monthly income runs $1,798/mo, and annual cash flow reaches $7,547/yr on $58,013 cash to close. Return on cash invested measures 32.92% in year one, and rental yield registers 12.33% at a $175,000 basis. Equity gained on principal adds $1,129/yr, and annual property appreciation at 5% supports $48,349 by year five. Five-year ROI tracks 173.23% and total cumulative return in cash totals $100,495. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,798/mo property income relative to a $857/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
4,356 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: Stephanie Cattarin • Keller Williams Realty WNY
Mls Name: NYSAMLSs
Mls ID: #B1655334