511 Pleasant AveOgdensburgNY13669
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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 Ogdensburg at 511 Pleasant Ave, Ogdensburg, NY, 13669 generates $998/mo in rent and, after a $631/mo payment, leaves $137/mo in cash flow. Total monthly income is $998/mo, and annual cash flow is $1,643/yr on $42,764 invested. Return on cash invested sits at 23.75% in year one, and rental yield is 9.28% on a $129,000 entry. Equity gained on principal adds $832/yr, while 5% annual appreciation builds toward $35,640 over five years. Five-year ROI reaches 124.09% and total cumulative return in cash sums $53,065. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $998/mo property income rather than buyer’s personal income.
Single Family
Built in 1875
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13669, Ogdensburg, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,263 (100%) |
| Owner Occupied HU | 4,105 (56.5%) |
| Renter Occupied HU | 1,836 (25.3%) |
| Vacant Housing Units | 1,322 (18.2%) |
| Median Home Value | $135,956 |
| Average Home Value | $179,663 |
Housing Distribution
Address Breakdown
Residential
6,081
Single Family
5,723
Multi-Family
358
Businesses
464
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Listed by: Martha Morrison • America 1 Realty
Mls Name: SLCMLS
Mls ID: #52087