27148 Perch Lake RdWatertownNY13601
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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 Watertown at 27148 Perch Lake Rd, Watertown, NY, 13601 generates $2,465/mo in rent and, after a $1,370/mo payment, leaves $596/mo in cash flow. Total monthly income is $2,465/mo, and annual cash flow is $7,148/yr on $92,820 invested. Return on cash invested sits at 27.61% in year one, and rental yield is 10.56% on a $280,000 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 144.79% and total cumulative return in cash sums $134,397. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,465/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
1.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13601, Watertown, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,993 (100%) |
| Owner Occupied HU | 7,779 (41.0%) |
| Renter Occupied HU | 8,504 (44.8%) |
| Vacant Housing Units | 2,710 (14.3%) |
| Median Home Value | $191,189 |
| Average Home Value | $265,795 |
Housing Distribution
Address Breakdown
Residential
16,916
Single Family
14,584
Multi-Family
2,332
Businesses
1,707
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