50 & 1/2 Parker AveMassenaNY13662
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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 Massena at 50 & 1/2 Parker Ave, Massena, NY, 13662 at $174,000 posts ROI 20.44% with $26/mo cash flow from $1,188/mo rent. Total monthly income equals $1,188/mo, and annual cash flow records $308/yr on $57,681 to close. Return on cash invested measures 20.44% and rental yield reads 8.19% at the current $174,000. Equity gained on principal adds $1,123/yr, and 5% annual appreciation supports $48,073 by year five. Five-year ROI prints 106.38% and total cumulative return in cash totals $61,361.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,188/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1950
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13662, Massena, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,941 (100%) |
| Owner Occupied HU | 4,488 (56.5%) |
| Renter Occupied HU | 2,473 (31.1%) |
| Vacant Housing Units | 980 (12.3%) |
| Median Home Value | $136,006 |
| Average Home Value | $202,655 |
Housing Distribution
Address Breakdown
Residential
7,126
Single Family
6,653
Multi-Family
473
Businesses
539
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Listed by: Lucille Kassian • Kassian Real Estate, LLC
Mls Name: SLCMLS
Mls Provider:
Mls ID: #50677
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.