3190 Apple CtNiagara FallsNY14304
INVESTMENT ANALYSIS
Investment Verdict
Solid Income3190 Apple Ct, Niagara Falls, NY, 14304 in Niagara Falls is a solid income-producing rental, 9.43% gross yield, $2,750/mo rent, $414/mo net cash flow on a $349,900 buy. DSCR 1.75 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $96,671 and $3,223/yr in principal reduction project a total cumulative return of $160,102.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 8.0% |
| Monthly Cash Flow | $414 | $1,500 |
City averages based on Niagara Falls market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,750 |
| Total Monthly Debt Service | $2,197 |
| DSCR Ratio | 1.25x |
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 2000
10,659 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
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 2000
10,659 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joan M Dlugokinski • Howard Hanna WNY Inc.
Mls Name: NYSAMLSs
Mls ID: #B1634245