23569 Rex DrBlack 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
Investment property for sale in Black River at 23569 Rex Dr, Black River, NY, 13612 offers a 7.7% rental yield on a $330,000 purchase with $2,118/mo rent. 97% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,173 over five years. Portfolio math shows five-year ROI at 98.46% and total cumulative return in cash at $107,711. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,118/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
9,374 sqft 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: Amanda Hanners • Keller Williams Northern New York
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1604949
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