628 82nd StNiagara FallsNY14304
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
Rental property for sale in Niagara Falls at 628 82nd St, Niagara Falls, NY, 14304 generates $2,294/mo in rent and, after a $1,076/mo payment, leaves $826/mo in cash flow. Total monthly income is $2,294/mo, and annual cash flow is $9,910/yr on $72,897 invested. Return on cash invested sits at 33.5% in year one, and rental yield is 12.52% on a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 176.36% and total cumulative return in cash sums $128,560. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,294/mo property income rather than buyer’s personal income.
Single Family
Built in 1945
5,370 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Diane E Hazelet • Howard Hanna WNY Inc.
Mls Name: NYSAMLSs
Mls ID: #B1632410