30944 Burnup RdBlack RiverNY13612
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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 Black River at 30944 Burnup Rd, Black River, NY, 13612 uses $61,328 cash to close to unlock $2,497/yr annual cash flow and $208/mo monthly cash flow. Total monthly income runs $1,443/mo, and a $905/mo payment keeps the spread at $208/mo. Purchase price stands at $185,000, and rental yield measures 9.36% with $1,443/mo rent. Return on cash invested shows 23.98% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 125.41% and total cumulative return in cash records $76,911. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,443/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1961
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13612, Black River, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,299 (100%) |
| Owner Occupied HU | 737 (56.7%) |
| Renter Occupied HU | 387 (29.8%) |
| Vacant Housing Units | 175 (13.5%) |
| Median Home Value | $223,975 |
| Average Home Value | $240,007 |
Housing Distribution
Address Breakdown
Residential
1,011
Single Family
893
Multi-Family
118
Businesses
57
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Listed by: Maria Frezza • North Star Real Estate & Prop Mgmt LLC-Carthage
Mls Name: NYSAMLSs
Mls ID: #S1639146