12 Claremont AveMassenaNY13662
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
Rental property for sale in Massena at 12 Claremont Ave, Massena, NY, 13662 priced at $195,000 pairs $2,779/mo rent with $1,477/mo cash flow after a $954/mo payment. Total monthly income equals $2,779/mo, and annual cash flow comes to $17,727/yr on $64,643 invested. Return on cash invested is 47.33% in year one, and rental yield stands at 17.1% on a $195,000 basis. Equity gained on principal adds $1,258/yr, and 5% annual appreciation accumulates to $53,875 by year five. Five-year ROI measures 250.59% and total cumulative return in cash reaches $161,986. For financing, Ziffy Mortgage’s DSCR program evaluates $2,779/mo property income against a $954/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1957
10,080 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices