3054 Niagara 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 3054 Niagara St, Niagara Falls, NY, 14303 priced at $132,000 converts $3,254/mo rent into $2,373/mo cash flow after a $646/mo obligation. Total monthly income equals $3,254/mo, and annual cash flow totals $28,471/yr on $43,758 invested. Return on cash invested prints 84.97% in year one, and rental yield reads 29.58% against a $132,000 entry. Equity gained on principal adds $852/yr, while 5% annual appreciation compiles into $36,469 by year five. Five-year ROI reaches 452.45% and total cumulative return in cash sums $197,983. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,254/mo property income covering a $646/mo payment, not borrower’s personal income.
Single Family
Built in 1957
3,301 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: Donna Maddi • Century 21 North East
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #B1555879
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