130 W Remington StBlack RiverNY13612
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 Black River at 130 W Remington St, Black River, NY, 13612 priced at $245,000 converts $2,125/mo rent into $489/mo cash flow after a $1,199/mo obligation. Total monthly income equals $2,125/mo, and annual cash flow totals $5,869/yr on $81,218 invested. Return on cash invested prints 27.14% in year one, and rental yield reads 10.41% against a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation compiles into $67,689 by year five. Five-year ROI reaches 142.27% and total cumulative return in cash sums $115,548. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,125/mo property income covering a $1,199/mo payment, not borrower’s personal income.
Single Family
Built in 1919
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13612, Black River, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,299 (100%) |
| Owner Occupied HU | 737 (56.7%) |
| Renter Occupied HU | 387 (29.8%) |
| Vacant Housing Units | 175 (13.5%) |
| Median Home Value | $223,975 |
| Average Home Value | $240,007 |
Housing Distribution
Address Breakdown
Residential
1,011
Single Family
893
Multi-Family
118
Businesses
57
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Listed by: Olivia Morrow • Matteson Property Management, LLC
Mls Name: NYSAMLSs
Mls ID: #S1642288