29 Elderkin StPotsdamNY13676
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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 Potsdam at 29 Elderkin St, Potsdam, NY, 13676 generates $1,219/mo in rent and, after a $783/mo payment, leaves $151/mo in cash flow. Total monthly income is $1,219/mo, and annual cash flow is $1,808/yr on $53,040 invested. Return on cash invested sits at 23.32% in year one, and rental yield is 9.14% on a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 121.81% and total cumulative return in cash sums $64,610. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,219/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13676, Potsdam, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,259 (100%) |
| Owner Occupied HU | 3,034 (48.5%) |
| Renter Occupied HU | 2,160 (34.5%) |
| Vacant Housing Units | 1,065 (17.0%) |
| Median Home Value | $178,296 |
| Average Home Value | $236,232 |
Housing Distribution
Address Breakdown
Residential
5,287
Single Family
4,635
Multi-Family
652
Businesses
513
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