30 Elm StMassenaNY13662
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
Rental property for sale in Massena at 30 Elm St, Massena, NY, 13662 offers $1,028/mo rent that, after a $661/mo payment, leaves $126/mo cash flow. Total monthly income is $1,028/mo, and annual cash flow is $1,515/yr on $44,753 cash. Return on cash invested measures 23.29% in year one, and rental yield stands at 9.14% at a $135,000 entry. Equity gained on principal adds $871/yr while 5% annual appreciation compounds into $37,298 by year five. Five-year ROI records 121.74% and total cumulative return in cash reaches $54,481. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,028/mo property income versus a $661/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
7,000 sqft 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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