1205 County Route 24GouverneurNY13642
Nearby investment properties with comparable rents
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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 1205 County Route 24, Gouverneur, NY, 13642 generates $1,658/mo in rent and, after a $1,126/mo payment, leaves $122/mo in cash flow. Total monthly income is $1,658/mo, and annual cash flow is $1,462/yr on $76,245 invested. Return on cash invested sits at 21.83% in year one, and rental yield is 8.65% on a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 113.77% and total cumulative return in cash sums $86,743. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,658/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
0.92 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: Nicholas Sterling • TLC Real Estate LLC - Gouverneur
Mls Name: NYSAMLSs
Mls ID: #S1658324