4 Caroline StGouverneurNY13642
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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 Gouverneur at 4 Caroline St, Gouverneur, NY, 13642 uses $66,300 cash to close to unlock $3,196/yr annual cash flow and $266/mo monthly cash flow. Total monthly income runs $1,602/mo, and a $979/mo payment keeps the spread at $266/mo. Purchase price stands at $199,999, and rental yield measures 9.61% with $1,602/mo rent. Return on cash invested shows 24.73% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 129.37% and total cumulative return in cash records $85,772. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,602/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in 1923
5,307 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13642, Gouverneur, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,245 (100%) |
| Owner Occupied HU | 2,357 (55.5%) |
| Renter Occupied HU | 1,202 (28.3%) |
| Vacant Housing Units | 686 (16.2%) |
| Median Home Value | $154,694 |
| Average Home Value | $212,636 |
Housing Distribution
Address Breakdown
Residential
3,604
Single Family
3,356
Multi-Family
248
Businesses
242
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Listed by: Diana Thayer • T.L.C. Real Estate, LLC
Mls Name: SLCMLS
Mls Provider:
Mls ID: #51338
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.