482 20th StNiagara FallsNY14303
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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 482 20th St, Niagara Falls, NY, 14303 listed at $114,999 pairs $864/mo rent with a $563/mo payment to leave $96/mo cash flow. Total monthly income runs $864/mo, and annual cash flow reaches $1,151/yr on $38,122 cash to close. Return on cash invested measures 22.93% in year one, and rental yield registers 9.02% at a $114,999 basis. Equity gained on principal adds $742/yr, and annual property appreciation at 5% supports $31,772 by year five. Five-year ROI tracks 119.67% and total cumulative return in cash totals $45,621. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $864/mo property income relative to a $563/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
3,123 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: Michael J Hooper • Hooper Realty
Mls Name: NYSAMLSs
Mls ID: #B1629027