17 Crossmon StAlexandria BayNY13607
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 Alexandria Bay at 17 Crossmon St, Alexandria Bay, NY, 13607 priced at $239,900 converts $1,713/mo rent into $111/mo cash flow after a $1,174/mo obligation. Total monthly income equals $1,713/mo, and annual cash flow totals $1,334/yr on $79,527 invested. Return on cash invested prints 21.59% in year one, and rental yield reads 8.57% against a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation compiles into $66,280 by year five. Five-year ROI reaches 112.53% and total cumulative return in cash sums $89,491. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,713/mo property income covering a $1,174/mo payment, not borrower’s personal income.
Single Family
Built in 1938
5,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13607, Alexandria Bay, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,842 (100%) |
| Owner Occupied HU | 558 (30.3%) |
| Renter Occupied HU | 299 (16.2%) |
| Vacant Housing Units | 985 (53.5%) |
| Median Home Value | $235,795 |
| Average Home Value | $336,183 |
Housing Distribution
Address Breakdown
Residential
1,085
Single Family
1,000
Multi-Family
85
Businesses
186
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amanda J Miller • Lake Ontario Realty, LLC
Mls Name: NYSAMLSs
Mls ID: #S1624098