5998 State Highway 58GouverneurNY13642
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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 5998 State Highway 58, Gouverneur, NY, 13642 uses $44,753 cash to close to unlock $1,335/yr annual cash flow and $111/mo monthly cash flow. Total monthly income runs $1,013/mo, and a $661/mo payment keeps the spread at $111/mo. Purchase price stands at $135,000, and rental yield measures 9% with $1,013/mo rent. Return on cash invested shows 22.89% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 119.54% and total cumulative return in cash records $53,497. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,013/mo property income covering a $661/mo payment rather than investor’s personal income.
Manufactured
Built in 2004
0.60 Acres 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: Randy Durham • T.L.C. Real Estate, LLC
Mls Name: SLCMLS
Mls ID: #51740