113-119 Hough RdMassenaNY13662
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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 Massena at 113-119 Hough Rd, Massena, NY, 13662 priced at $499,900 converts $3,084/mo rent into after a $2,447/mo obligation. Total monthly income equals $3,084/mo. Return on cash invested prints 18.07% in year one, and rental yield reads 7.4% against a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation compiles into $138,113 by year five. Five-year ROI reaches 93.61% and total cumulative return in cash sums $155,124. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,084/mo property income covering a $2,447/mo payment, not borrower’s personal income.
Single Family
Built in 1999
30.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13662, Massena, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,941 (100%) |
| Owner Occupied HU | 4,488 (56.5%) |
| Renter Occupied HU | 2,473 (31.1%) |
| Vacant Housing Units | 980 (12.3%) |
| Median Home Value | $136,006 |
| Average Home Value | $202,655 |
Housing Distribution
Address Breakdown
Residential
7,126
Single Family
6,653
Multi-Family
473
Businesses
539
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Listed by: Elizabeth Trego • Trego Realty Group, LLC
Mls Name: SLCMLS
Mls Provider:
Mls ID: #49489
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.