829 87th StNiagara 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
Rental property for sale in Niagara Falls at 829 87th St, Niagara Falls, NY, 14304 generates $1,382/mo in rent and, after a $881/mo payment, leaves $180/mo in cash flow. Total monthly income is $1,382/mo, and annual cash flow is $2,160/yr on $59,670 invested. Return on cash invested sits at 23.53% in year one, and rental yield is 9.21% on a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 122.86% and total cumulative return in cash sums $73,313. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,382/mo property income rather than buyer’s personal income.
Single Family
Built in 1951
4,399 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
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Listed by: Derrick Deyo • Howard Hanna WNY Inc.
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #B1588117
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