1741 State Highway 420MassenaNY13662
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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 1741 State Highway 420, Massena, NY, 13662 generates $1,993/mo in rent and, after a $589/mo payment, leaves $1,189/mo in cash flow. Total monthly income is $1,993/mo, and annual cash flow is $14,274/yr on $39,877 invested. Return on cash invested sits at 55.7% in year one, and rental yield is 19.88% on a $120,294 entry. Equity gained on principal adds $776/yr, while 5% annual appreciation builds toward $33,235 over five years. Five-year ROI reaches 295.51% and total cumulative return in cash sums $117,843. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,993/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
0.45 Acres 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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