2984 Cataract StCopenhagenNY13626
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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 Copenhagen at 2984 Cataract St, Copenhagen, NY, 13626 uses $82,842 cash to close to unlock $2,404/yr annual cash flow and $200/mo monthly cash flow. Total monthly income runs $1,869/mo, and a $1,223/mo payment keeps the spread at $200/mo. Purchase price stands at $249,900, and rental yield measures 8.97% with $1,869/mo rent. Return on cash invested shows 22.81% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 119.07% and total cumulative return in cash records $98,642. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,869/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13626, Copenhagen, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,080 (100%) |
| Owner Occupied HU | 631 (58.4%) |
| Renter Occupied HU | 203 (18.8%) |
| Vacant Housing Units | 246 (22.8%) |
| Median Home Value | $247,989 |
| Average Home Value | $267,448 |
Housing Distribution
Address Breakdown
Residential
650
Single Family
650
Multi-Family
0
Businesses
40
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Listed by: Kerrie Baker • Homes Realty of Northern New York
Mls Name: NYSAMLSs
Mls ID: #S1637567