3045 Niagara StNiagara FallsNY14303
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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 3045 Niagara St, Niagara Falls, NY, 14303 uses $59,339 cash to close to unlock $1,917/yr annual cash flow and $160/mo monthly cash flow. Total monthly income runs $1,355/mo, and a $876/mo payment keeps the spread at $160/mo. Purchase price stands at $179,000, and rental yield measures 9.08% with $1,355/mo rent. Return on cash invested shows 23.14% in year one, and 5% annual appreciation builds toward $49,454 over five years. Five-year ROI reaches 120.82% and total cumulative return in cash records $71,691. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,355/mo property income covering a $876/mo payment rather than investor’s personal income.
Multi Family
Built in 1925
8,550 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: Noah Munoz • Iconic Real Estate
Mls Name: NYSAMLSs
Mls ID: #B1623261