1801 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
Investment property for sale in Massena at 1801 State Highway 420, Massena, NY, 13662 uses $56,322 cash to close to unlock $1,920/yr annual cash flow and $160/mo monthly cash flow. Total monthly income runs $1,295/mo, and a $832/mo payment keeps the spread at $160/mo. Purchase price stands at $169,900, and rental yield measures 9.15% with $1,295/mo rent. Return on cash invested shows 23.32% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 121.85% and total cumulative return in cash records $68,630. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,295/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1963
N/A 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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Listed by: Michael E. Kassian • Kassian Real Estate, LLC
Mls Name: SLCMLS
Mls Provider:
Mls ID: #51819
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.