6326 State Highway 56PotsdamNY13676
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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 6326 State Highway 56, Potsdam, NY, 13676 offers a 8.33% rental yield on a $449,000 purchase with $3,115/mo rent. Total monthly income registers $3,115/mo, and a $2,198/mo payment leaves $116/mo available for distribution. Annual cash flow reaches $1,395/yr on $148,844 to close, and return on cash invested stands at 20.85% in year one. Equity gained on principal adds $2,897/yr while 5% annual appreciation supports $124,050 over five years. Portfolio math shows five-year ROI at 108.54% and total cumulative return in cash at $161,548. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,115/mo property income against a $2,198/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
2.50 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: Philip Paige • NOCO Homestead LLC
Mls Name: SLCMLS
Mls Provider:
Mls ID: #51217
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.