423 18th 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
Investment property for sale in Niagara Falls at 423 18th St, Niagara Falls, NY, 14303 at $115,000 posts ROI 34.26% with $456/mo cash flow from $1,224/mo rent. Total monthly income equals $1,224/mo, and annual cash flow records $5,471/yr on $38,123 to close. Return on cash invested measures 34.26% and rental yield reads 12.77% at the current $115,000. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 by year five. Five-year ROI prints 180.45% and total cumulative return in cash totals $68,793.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,224/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1930
3,388 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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Nearby investment properties with comparable prices
Listed by: Frank A Pietrangeli • Hooper Realty
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #B1584866
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