545 29th StNiagara FallsNY14301
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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 545 29th St, Niagara Falls, NY, 14301 uses $43,062 cash to close to unlock $1,372/yr annual cash flow and $114/mo monthly cash flow. Total monthly income runs $982/mo, and a $636/mo payment keeps the spread at $114/mo. Purchase price stands at $129,900, and rental yield measures 9.07% with $982/mo rent. Return on cash invested shows 23.1% in year one, and 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 120.65% and total cumulative return in cash records $51,955. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $982/mo property income covering a $636/mo payment rather than investor’s personal income.
Single Family
Built in 1930
5,079 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14301, Niagara Falls, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,029 (100%) |
| Owner Occupied HU | 1,770 (25.2%) |
| Renter Occupied HU | 3,681 (52.4%) |
| Vacant Housing Units | 1,578 (22.4%) |
| Median Home Value | $78,972 |
| Average Home Value | $163,034 |
Housing Distribution
Address Breakdown
Residential
4,902
Single Family
4,400
Multi-Family
502
Businesses
344
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Listed by: Abigail E Stein • Century 21 North East
Mls Name: NYSAMLSs
Mls ID: #B1633708