6950 Colonial DrNiagara FallsNY14305
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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 6950 Colonial Dr, Niagara Falls, NY, 14305 listed at $275,000 pairs $2,717/mo rent with a $1,346/mo payment to leave $881/mo cash flow. Total monthly income runs $2,717/mo, and annual cash flow reaches $10,567/yr on $91,163 cash to close. Return on cash invested measures 31.5% in year one, and rental yield registers 11.86% at a $275,000 basis. Equity gained on principal adds $1,775/yr, and annual property appreciation at 5% supports $75,977 by year five. Five-year ROI tracks 165.66% and total cumulative return in cash totals $151,019. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,717/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1969
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14305, Niagara Falls, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,035 (100%) |
| Owner Occupied HU | 3,874 (48.2%) |
| Renter Occupied HU | 3,182 (39.6%) |
| Vacant Housing Units | 979 (12.2%) |
| Median Home Value | $158,333 |
| Average Home Value | $261,001 |
Housing Distribution
Address Breakdown
Residential
6,891
Single Family
6,391
Multi-Family
500
Businesses
363
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Listed by: Mary Lucchetti • Keller Williams Realty WNY
Mls Name: NYSAMLSs
Mls ID: #B1638773