221 Proctor AveOgdensburgNY13669
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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 Ogdensburg at 221 Proctor Ave, Ogdensburg, NY, 13669 uses $119,009 cash to close to unlock $8,229/yr annual cash flow and $686/mo monthly cash flow. Total monthly income runs $3,083/mo, and a $1,757/mo payment keeps the spread at $686/mo. Purchase price stands at $359,000, and rental yield measures 10.31% with $3,083/mo rent. Return on cash invested shows 26.82% in year one, and 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 140.57% and total cumulative return in cash records $167,287. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,083/mo property income covering a $1,757/mo payment rather than investor’s personal income.
Single Family
Built in 1969
1.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13669, Ogdensburg, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,263 (100%) |
| Owner Occupied HU | 4,105 (56.5%) |
| Renter Occupied HU | 1,836 (25.3%) |
| Vacant Housing Units | 1,322 (18.2%) |
| Median Home Value | $135,956 |
| Average Home Value | $179,663 |
Housing Distribution
Address Breakdown
Residential
6,081
Single Family
5,723
Multi-Family
358
Businesses
464
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Listed by: Erin E Meyer • Meyer Real Estate LLC
Mls Name: SLCMLS
Mls Provider:
Mls ID: #50471
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.