171 S Market StCape VincentNY13618
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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 Cape Vincent at 171 S Market St, Cape Vincent, NY, 13618 priced at $200,000 converts $1,733/mo rent into $397/mo cash flow after a $979/mo obligation. Total monthly income equals $1,733/mo, and annual cash flow totals $4,768/yr on $66,300 invested. Return on cash invested prints 27.1% in year one, and rental yield reads 10.4% against a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation compiles into $55,256 by year five. Five-year ROI reaches 142.09% and total cumulative return in cash sums $94,208. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,733/mo property income covering a $979/mo payment, not borrower’s personal income.
Single Family
Built in 1880
9,278 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13618, Cape Vincent, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,304 (100%) |
| Owner Occupied HU | 649 (28.2%) |
| Renter Occupied HU | 162 ( 7.0%) |
| Vacant Housing Units | 1,493 (64.8%) |
| Median Home Value | $305,782 |
| Average Home Value | $445,844 |
Housing Distribution
Address Breakdown
Residential
700
Single Family
656
Multi-Family
44
Businesses
62
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Listed by: Beth Miller • Lake Ontario Realty, LLC
Mls Name: NYSAMLSs
Mls ID: #S1658542