2846 McKoon 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 2846 McKoon Ave, Niagara Falls, NY, 14305 uses $56,355 cash to close to unlock $1,762/yr annual cash flow and $147/mo monthly cash flow. Total monthly income runs $1,282/mo, and a $832/mo payment keeps the spread at $147/mo. Purchase price stands at $170,000, and rental yield measures 9.05% with $1,282/mo rent. Return on cash invested shows 23.04% in year one, and 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 120.24% and total cumulative return in cash records $67,761. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,282/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1920
5,837 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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