1968 Welch AveNiagara FallsNY14303
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 1968 Welch Ave, Niagara Falls, NY, 14303 in Niagara Falls worth modelling. At $139,900 with a 9.47% gross yield, the $1,104/mo rent leaves $170/mo after the $629/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.76 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $38,652 by year five; $1,288/yr in principal reduction adds further equity. Total projected return: $64,312.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 8.0% |
| Monthly Cash Flow | $170 | $1,500 |
City averages based on Niagara Falls market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,104 |
| Total Monthly Debt Service | $879 |
| DSCR Ratio | 1.26x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1922
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14303, Niagara Falls, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,649 (100%) |
| Owner Occupied HU | 1,183 (32.4%) |
| Renter Occupied HU | 1,647 (45.1%) |
| Vacant Housing Units | 819 (22.4%) |
| Median Home Value | $81,815 |
| Average Home Value | $137,109 |
Housing Distribution
Address Breakdown
Residential
2,363
Single Family
2,090
Multi-Family
273
Businesses
226
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
Single Family
Built in 1922
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14303, Niagara Falls, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,649 (100%) |
| Owner Occupied HU | 1,183 (32.4%) |
| Renter Occupied HU | 1,647 (45.1%) |
| Vacant Housing Units | 819 (22.4%) |
| Median Home Value | $81,815 |
| Average Home Value | $137,109 |
Housing Distribution
Address Breakdown
Residential
2,363
Single Family
2,090
Multi-Family
273
Businesses
226
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Fuzayel Ahmed • HUNT Real Estate Corporation
Mls Name: NYSAMLSs
Mls ID: #B1652500