2702 Independence AveNiagara FallsNY14301
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow2702 Independence Ave, Niagara Falls, NY, 14301 in Niagara Falls is a top-tier cash-flow asset. At $144,900 it produces $1,642/mo in rent and $674/mo in net monthly income, a 13.6% gross rental yield. The DSCR of 2.52 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $8,088. Five-year appreciation adds $40,033, driving a total cumulative return of $98,641.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.6% | 8.0% |
| Monthly Cash Flow | $674 | $1,500 |
City averages based on Niagara Falls market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,642 |
| Total Monthly Debt Service | $910 |
| DSCR Ratio | 1.80x |
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 1947
5,000 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
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 1947
5,000 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices