62 Walton StAlexandria BayNY13607
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe income profile at 62 Walton St, Alexandria Bay, NY, 13607 in Alexandria Bay is straightforward: $167,500 in, $1,479/mo in rent, $344/mo out after debt service. The 10.45% gross yield and 1.96 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $46,277 by year five. With $1,543/yr in principal equity, the total cumulative return is projected at $87,115.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 6.2% |
| Monthly Cash Flow | $344 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,479 |
| Total Monthly Debt Service | $1,052 |
| DSCR Ratio | 1.41x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1890
2,935 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1890
2,935 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Matthew R Garlock • Garlock Realty
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1601119