1620 Stone RdGouverneurNY13642
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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
Total monthly income runs $1,472/mo, and a $2,814/mo payment. Purchase price stands at $575,000, and rental yield measures 3.07% with $1,472/mo rent. Return on cash invested shows 5.04% in year one, and 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 23.74% and total cumulative return in cash records $44,915. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,472/mo property income covering a $2,814/mo payment rather than investor’s personal income.
Single Family
Built in 1999
12.89 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: Kathryn (Kate) Bencze • Coldwell Banker Whitbeck Assoc Tupper Lake
Mls Name: ACVMLS
Mls ID: #205436