32396 Route 12 #ECape VincentNY13618
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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 Cape Vincent at 32396 Route 12 #E, Cape Vincent, NY, 13618 generates $1,314/mo in rent, after a $2,594/mo payment. Total monthly income is $1,314/mo. Return on cash invested sits at 4.75% in year one, and rental yield is 2.98% on a $529,900 entry. Equity gained on principal adds $3,419/yr, while 5% annual appreciation builds toward $146,402 over five years. Five-year ROI reaches 22.17% and total cumulative return in cash sums $38,651. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,314/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13618, Cape Vincent, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,304 (100%) |
| Owner Occupied HU | 649 (28.2%) |
| Renter Occupied HU | 162 ( 7.0%) |
| Vacant Housing Units | 1,493 (64.8%) |
| Median Home Value | $305,782 |
| Average Home Value | $445,844 |
Housing Distribution
Address Breakdown
Residential
700
Single Family
656
Multi-Family
44
Businesses
62
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Listed by: Amanda J Miller • Lake Ontario Realty, LLC
Mls Name: NYSAMLSs
Mls ID: #S1653783