47828 Wagoner Park RdAlexandria BayNY13607
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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 Alexandria Bay at 47828 Wagoner Park Rd, Alexandria Bay, NY, 13607 offers a 9.43% rental yield on a $130,000 purchase with $1,022/mo rent. Total monthly income registers $1,022/mo, and a $636/mo payment leaves $154/mo available for distribution. Annual cash flow reaches $1,850/yr on $43,095 to close, and return on cash invested stands at 24.2% in year one. Equity gained on principal adds $839/yr while 5% annual appreciation supports $35,917 over five years. Portfolio math shows five-year ROI at 126.62% and total cumulative return in cash at $54,567. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,022/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1997
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13607, Alexandria Bay, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,842 (100%) |
| Owner Occupied HU | 558 (30.3%) |
| Renter Occupied HU | 299 (16.2%) |
| Vacant Housing Units | 985 (53.5%) |
| Median Home Value | $235,795 |
| Average Home Value | $336,183 |
Housing Distribution
Address Breakdown
Residential
1,085
Single Family
1,000
Multi-Family
85
Businesses
186
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Listed by: Les T Henry • Bridgeview Real Estate
Mls Name: NYSAMLSs
Mls ID: #S1633996