2901 Independence AveNiagara FallsNY14301
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Niagara Falls rentals match the income profile of 2901 Independence Ave, Niagara Falls, NY, 14301. Listed at $188,888, gross rent is $2,737/mo and net cash flow is $1,476/mo, a 17.39% yield well above national averages. DSCR 3.22 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $52,186 by year five with $1,740/yr in annual principal reduction, projecting $167,062 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 17.4% | 8.0% |
| Monthly Cash Flow | $1,476 | $1,500 |
City averages based on Niagara Falls market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,737 |
| Total Monthly Debt Service | $1,186 |
| DSCR Ratio | 2.31x |
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.
Multi Family
Built in 1995
3,750 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
Multi Family
Built in 1995
3,750 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