61 High StAlexandria 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 61 High St, Alexandria Bay, NY, 13607 listed at $339,000 pairs $2,250/mo rent with a $1,659/mo payment. Total monthly income runs $2,250/mo. Return on cash invested measures 19.76% in year one, and rental yield registers 7.96% at a $339,000 basis. Equity gained on principal adds $2,188/yr, and annual property appreciation at 5% supports $93,659 by year five. Five-year ROI tracks 102.73% and total cumulative return in cash totals $115,444. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,250/mo property income relative to a $1,659/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
9,090 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: Cathy F Garlock • Garlock Realty
Mls Name: NYSAMLSs
Mls ID: #S1643180