4217 Mohawk PkwyNiagara FallsNY14304
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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
Rental property for sale in Niagara Falls at 4217 Mohawk Pkwy, Niagara Falls, NY, 14304 priced at $144,000 converts $1,136/mo rent into $174/mo cash flow after a $705/mo obligation. Total monthly income equals $1,136/mo, and annual cash flow totals $2,090/yr on $47,736 invested. Return on cash invested prints 24.29% in year one, and rental yield reads 9.47% against a $144,000 entry. Equity gained on principal adds $929/yr, while 5% annual appreciation compiles into $39,785 by year five. Five-year ROI reaches 127.09% and total cumulative return in cash sums $60,666. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,136/mo property income covering a $705/mo payment, not borrower’s personal income.
Manufactured
Built in 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14304, Niagara Falls, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,949 (100%) |
| Owner Occupied HU | 9,104 (65.3%) |
| Renter Occupied HU | 3,850 (27.6%) |
| Vacant Housing Units | 995 ( 7.1%) |
| Median Home Value | $200,125 |
| Average Home Value | $284,670 |
Housing Distribution
Address Breakdown
Residential
13,148
Single Family
11,811
Multi-Family
1,337
Businesses
1,148
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Listed by: Marilyn Sinatra • Own NY Real Estate LLC
Mls Name: NYSAMLSs
Mls ID: #B1630944