2412 Pierce 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 2412 Pierce Ave, Niagara Falls, NY, 14301 listed at $149,900 pairs $1,153/mo rent with a $734/mo payment to leave $152/mo cash flow. Total monthly income runs $1,153/mo, and annual cash flow reaches $1,820/yr on $49,692 cash to close. Return on cash invested measures 23.57% in year one, and rental yield registers 9.23% at a $149,900 basis. Equity gained on principal adds $967/yr, and annual property appreciation at 5% supports $41,415 by year five. Five-year ROI tracks 123.13% and total cumulative return in cash totals $61,187. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,153/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1925
4,961 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: Carol Klein • HUNT Real Estate Corporation
Mls Name: NYSAMLSs
Mls ID: #B1620272