3 Five CedarMassenaNY13662
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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 Massena at 3 Five Cedar, Massena, NY, 13662 priced at $999,900 converts $1,501/mo rent into after a $4,894/mo obligation. Total monthly income equals $1,501/mo. Return on cash invested prints 1.18% in year one, and rental yield reads 1.8% against a $999,900 entry. Equity gained on principal adds $6,452/yr, while 5% annual appreciation compiles into $276,254 by year five. Five-year ROI reaches 3.01% and total cumulative return in cash sums $9,896. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,501/mo property income covering a $4,894/mo payment, not borrower’s personal income.
Multi Family
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13662, Massena, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,941 (100%) |
| Owner Occupied HU | 4,488 (56.5%) |
| Renter Occupied HU | 2,473 (31.1%) |
| Vacant Housing Units | 980 (12.3%) |
| Median Home Value | $136,006 |
| Average Home Value | $202,655 |
Housing Distribution
Address Breakdown
Residential
7,126
Single Family
6,653
Multi-Family
473
Businesses
539
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