523 Parmenter RdPotsdamNY13676
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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 Potsdam at 523 Parmenter Rd, Potsdam, NY, 13676 listed at $349,000 pairs $3,617/mo rent with a $1,708/mo payment to leave $1,287/mo cash flow. Total monthly income runs $3,617/mo, and annual cash flow reaches $15,439/yr on $115,694 cash to close. Return on cash invested measures 33.25% in year one, and rental yield registers 12.44% at a $349,000 basis. Equity gained on principal adds $2,252/yr, and annual property appreciation at 5% supports $96,422 by year five. Five-year ROI tracks 175.06% and total cumulative return in cash totals $202,536. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,617/mo property income relative to a $1,708/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1990
3.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13676, Potsdam, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,259 (100%) |
| Owner Occupied HU | 3,034 (48.5%) |
| Renter Occupied HU | 2,160 (34.5%) |
| Vacant Housing Units | 1,065 (17.0%) |
| Median Home Value | $178,296 |
| Average Home Value | $236,232 |
Housing Distribution
Address Breakdown
Residential
5,287
Single Family
4,635
Multi-Family
652
Businesses
513
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Listed by: Kari Hazelton • Palmer Realty
Mls Name: SLCMLS
Mls Provider:
Mls ID: #50478
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.