29031 Stony Point RdCape VincentNY13618
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Cape Vincent at 29031 Stony Point Rd, Cape Vincent, NY, 13618 offers a 9.02% rental yield on a $174,900 purchase with $1,314/mo rent. Total monthly income registers $1,314/mo, and a $856/mo payment leaves $146/mo available for distribution. Annual cash flow reaches $1,753/yr on $57,979 to close, and return on cash invested stands at 22.93% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,322 over five years. Portfolio math shows five-year ROI at 119.79% and total cumulative return in cash at $69,456. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,314/mo property income against a $856/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1878
6.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13618, Cape Vincent, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,304 (100%) |
| Owner Occupied HU | 649 (28.2%) |
| Renter Occupied HU | 162 ( 7.0%) |
| Vacant Housing Units | 1,493 (64.8%) |
| Median Home Value | $305,782 |
| Average Home Value | $445,844 |
Housing Distribution
Address Breakdown
Residential
700
Single Family
656
Multi-Family
44
Businesses
62
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Listed by: Chenoa Reynolds • Bridgeview Real Estate
Mls Name: NYSAMLSs
Mls ID: #S1602218