208 Leray StBlack RiverNY13612
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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 Black River at 208 Leray St, Black River, NY, 13612 generates $2,265/mo in rent, after a $1,664/mo payment. Total monthly income is $2,265/mo. Return on cash invested sits at 19.85% in year one, and rental yield is 8% on a $339,900 entry. Equity gained on principal adds $2,193/yr, while 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 103.18% and total cumulative return in cash sums $116,255. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,265/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
1.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13612, Black River, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,299 (100%) |
| Owner Occupied HU | 737 (56.7%) |
| Renter Occupied HU | 387 (29.8%) |
| Vacant Housing Units | 175 (13.5%) |
| Median Home Value | $223,975 |
| Average Home Value | $240,007 |
Housing Distribution
Address Breakdown
Residential
1,011
Single Family
893
Multi-Family
118
Businesses
57
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Listed by: Lorie LeFevre • First Choice Real Estate
Mls Name: NYSAMLSs
Mls ID: #S1641016