638 30th 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 638 30th St, Niagara Falls, NY, 14301 uses $39,747 cash to close to unlock $1,658/yr annual cash flow and $138/mo monthly cash flow. Total monthly income runs $939/mo, and a $587/mo payment keeps the spread at $138/mo. Purchase price stands at $119,900, and rental yield measures 9.4% with $939/mo rent. Return on cash invested shows 24.08% in year one, and 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 125.99% and total cumulative return in cash records $50,076. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $939/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1910
3,811 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: Caleb Canazzi • Blue Eagle Realty Corp.
Mls Name: NYSAMLSs
Mls ID: #B1645633