119 Mackin RdRussellNY13684
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
Investment Highlights
Investment property for sale in Russell at 119 Mackin Rd, Russell, NY, 13684 offers a 8.88% rental yield on a $335,000 purchase with $2,478/mo rent. Total monthly income registers $2,478/mo, and a $1,640/mo payment leaves $241/mo available for distribution. Annual cash flow reaches $2,887/yr on $111,053 to close, and return on cash invested stands at 22.51% in year one. Equity gained on principal adds $2,162/yr while 5% annual appreciation supports $92,554 over five years. Portfolio math shows five-year ROI at 117.43% and total cumulative return in cash at $130,412. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,478/mo property income against a $1,640/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13684, Russell, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 648 (100%) |
| Owner Occupied HU | 360 (55.6%) |
| Renter Occupied HU | 64 ( 9.9%) |
| Vacant Housing Units | 224 (34.6%) |
| Median Home Value | $120,745 |
| Average Home Value | $170,354 |
Housing Distribution
Address Breakdown
Residential
454
Single Family
446
Multi-Family
8
Businesses
9
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