3229 Seneca 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 3229 Seneca Ave, Niagara Falls, NY, 14305 earns $470/mo cash flow from $1,738/mo rent with a $929/mo payment. Total monthly income totals $1,738/mo, and annual cash flow totals $5,644/yr on $62,952 capital. ROI tracks 28.87% on current figures, and rental yield reads 10.98% at a $189,900 purchase. Equity gained on principal adds $1,225/yr, and 5% annual appreciation supports $52,466 over five years. Five-year ROI reaches 151.61% and total cumulative return in cash sums $95,441. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,738/mo property income instead of your personal income.
Single Family
Built in 1957
5,536 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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Listed by: Tyler P Szumada • Realty ONE Group Empower
Mls Name: NYSAMLSs
Mls ID: #B1627419