31159 Chelsea DrBlack RiverNY13612
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder31159 Chelsea Dr, Black River, NY, 13612 in Black River carries a 1.51 coverage ratio, rent of $2,156/mo is 1.51 times the $1,425/mo payment. Rental yield 7.61%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $316,900 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $87,554; total projected cumulative return: $123,394.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.6% | 6.2% |
| Monthly Cash Flow | $(114) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,156 |
| Total Monthly Debt Service | $1,990 |
| DSCR Ratio | 1.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2011
1.04 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
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
Single Family
Built in 2011
1.04 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: HUNT ERA Real Estate
Mls ID: #S1604053