5951 Miller RdNiagara 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
Investment property for sale in Niagara Falls at 5951 Miller Rd, Niagara Falls, NY, 14304 earns $1,145/mo cash flow from $4,883/mo rent with a $2,740/mo payment. Total monthly income totals $4,883/mo, and annual cash flow totals $13,734/yr on $184,207 capital. ROI tracks 27.52% on current figures, and rental yield reads 10.47% at a $559,900 purchase. Equity gained on principal adds $3,613/yr, and 5% annual appreciation supports $154,690 over five years. Five-year ROI reaches 144.25% and total cumulative return in cash sums $265,726. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,883/mo property income instead of your personal income.
Single Family
Built in 2025
0.29 Acres 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: Noah Munoz • Iconic Real Estate
Mls Name: NYSAMLSs
Mls ID: #B1646287