341 Portage Rd , Niagara Falls , NY , 14303

5810 Symmes St, Niagara Falls, ON, L2G2G3

4 Bed
- Bath
1700 sft

6293 Finlay Ave, Niagara Falls, ON, L2G4C4

4 Bed
2 Bath
- sft

$ 598,800

7711 Green Vista Gate #716, Niagara Falls, ON, L2G0Y9

2 Bed
2 Bath
- sft

$ 599,900

5991 Culp St, Niagara Falls, ON, L2G2B6

7 Bed
3 Bath
- sft

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

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Investment Highlights

Rental property for sale in Niagara Falls at 341 Portage Rd, Niagara Falls, NY, 14303 priced at $599,000 converts $1,560/mo rent into after a $2,932/mo obligation. Total monthly income equals $1,560/mo. Return on cash invested prints 5.2% in year one, and rental yield reads 3.13% against a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation compiles into $165,493 by year five. Five-year ROI reaches 24.59% and total cumulative return in cash sums $48,454. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,560/mo property income covering a $2,932/mo payment, not borrower’s personal income.

Single Family

Built in 1883

0.43 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to the Thomas V. Welch Mansion established in 1883, also known as the Echo Club! This historically significant masterpiece could be yours! The Echo has welcomed 5 Presidents, a Pope, Houdini and Marilyn Monroe to name just a fewif these walls could speak! This stately mansion with a 1,200 sq ft carriage house has four levels featuring an on-grade piano bar in the basement, multiple kitchens and dinning areas, a full bar on the first floor, a banquet hall on the second floor and dressing rooms on the third floor. Being in the heart of the Short-Term Rental district of Niagara Falls, this home has the potential for incredible income! There have been many updates including to the heating and electrical systems. The potential exists for a myriad of uses; as a one-of-a-kind home, a short-term rental, a BnB, an incredible bar, awesome event space, upscale private club or convert it to luxury apartments/condominiums. This is a magnificent property you must see in person!

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

Price History

Date	Event	Price
2025-01-07	Listed for sale	$599,000
2023-08-21	Listing removed	N/A
2023-05-20	Listed for sale	$449,000

Tax History

Date	Tax Paid	Tax Increase Rate	Value	Value Increase Rate
No tax history data available

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Nearby investment properties with comparable prices

Investment Property+ 2 more

5810 Symmes St, Niagara Falls, ON, L2G2G3

4 Bed
- Bath
1700 sft

6293 Finlay Ave, Niagara Falls, ON, L2G4C4

4 Bed
2 Bath
- sft

$ 598,800

7711 Green Vista Gate #716, Niagara Falls, ON, L2G0Y9

2 Bed
2 Bath
- sft

$ 599,900