18 State StPotsdamNY13676
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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
Investment property for sale in Potsdam at 18 State St, Potsdam, NY, 13676 uses $46,410 cash to close to unlock $2,284/yr annual cash flow and $190/mo monthly cash flow. Total monthly income runs $1,125/mo, and a $685/mo payment keeps the spread at $190/mo. Purchase price stands at $140,000, and rental yield measures 9.64% with $1,125/mo rent. Return on cash invested shows 24.83% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 129.93% and total cumulative return in cash records $60,298. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,125/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1930
4,791 sqft 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
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Listed by: Kyle Scott • Sandstone Realty NY LLC
Mls Name: SLCMLS
Mls Provider:
Mls ID: #51160
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.