145 Allen StMassenaNY13662
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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 Massena at 145 Allen St, Massena, NY, 13662 priced at $204,900 converts $1,434/mo rent into $66/mo cash flow after a $1,003/mo obligation. Total monthly income equals $1,434/mo, and annual cash flow totals $787/yr on $67,924 invested. Return on cash invested prints 21.07% in year one, and rental yield reads 8.4% against a $204,900 entry. Equity gained on principal adds $1,322/yr, while 5% annual appreciation compiles into $56,610 by year five. Five-year ROI reaches 109.73% and total cumulative return in cash sums $74,530. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,434/mo property income covering a $1,003/mo payment, not borrower’s personal income.
Single Family
Built in 1910
8,400 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
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