175 Elm StPotsdamNY13676
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
Investment property for sale in Potsdam at 175 Elm St, Potsdam, NY, 13676 uses $87,848 cash to close to unlock $6,353/yr annual cash flow and $529/mo monthly cash flow. Total monthly income runs $2,299/mo, and a $1,297/mo payment keeps the spread at $529/mo. Purchase price stands at $265,000, and rental yield measures 10.41% with $2,299/mo rent. Return on cash invested shows 27.14% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 142.29% and total cumulative return in cash records $124,995. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,299/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Single Family
Built in 2020
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13676, Potsdam, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,259 (100%) |
| Owner Occupied HU | 3,034 (48.5%) |
| Renter Occupied HU | 2,160 (34.5%) |
| Vacant Housing Units | 1,065 (17.0%) |
| Median Home Value | $178,296 |
| Average Home Value | $236,232 |
Housing Distribution
Address Breakdown
Residential
5,287
Single Family
4,635
Multi-Family
652
Businesses
513
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lori Snyder • Trego Realty Group, LLC
Mls Name: SLCMLS
Mls Provider:
Mls ID: #51183
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.