119 Island Branch RdGouverneurNY13642
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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 Gouverneur at 119 Island Branch Rd, Gouverneur, NY, 13642 priced at $575,000 converts $1,314/mo rent into after a $2,814/mo obligation. Total monthly income equals $1,314/mo. Return on cash invested prints 4.04% in year one, and rental yield reads 2.74% against a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation compiles into $158,862 by year five. Five-year ROI reaches 18.37% and total cumulative return in cash sums $34,751. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,314/mo property income covering a $2,814/mo payment, not borrower’s personal income.
Single Family
Built in 2005
1.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13642, Gouverneur, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,245 (100%) |
| Owner Occupied HU | 2,357 (55.5%) |
| Renter Occupied HU | 1,202 (28.3%) |
| Vacant Housing Units | 686 (16.2%) |
| Median Home Value | $154,694 |
| Average Home Value | $212,636 |
Housing Distribution
Address Breakdown
Residential
3,604
Single Family
3,356
Multi-Family
248
Businesses
242
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Listed by: Rick D. Cutway • T.L.C. Real Estate, LLC
Mls Name: SLCMLS
Mls Provider:
Mls ID: #51358
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.