247 River RdGouverneurNY13642
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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 Gouverneur at 247 River Rd, Gouverneur, NY, 13642 with 5% annual appreciation on a $220,100 basis while $1,974/mo rent supports operations. Total monthly income totals $1,974/mo and a $1,077/mo payment preserves $504/mo for cash returns. Annual cash flow comes to $6,054/yr on $72,963 deployed, and return on cash invested reaches 28.21% in year one. Equity gained on principal adds $1,420/yr, and five-year appreciation sums $60,810 alongside rental yield of 10.76%. Five-year ROI measures 148.01% and total cumulative return in cash totals $107,994.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,974/mo property income versus a $1,077/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13642, Gouverneur, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,245 (100%) |
| Owner Occupied HU | 2,357 (55.5%) |
| Renter Occupied HU | 1,202 (28.3%) |
| Vacant Housing Units | 686 (16.2%) |
| Median Home Value | $154,694 |
| Average Home Value | $212,636 |
Housing Distribution
Address Breakdown
Residential
3,604
Single Family
3,356
Multi-Family
248
Businesses
242
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Nearby investment properties with comparable prices
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