670 County Route 22GouverneurNY13642
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
Investment Highlights
Investment property for sale in Gouverneur at 670 County Route 22, Gouverneur, NY, 13642 listed at $125,000 pairs $940/mo rent with a $612/mo payment to leave $105/mo cash flow. Total monthly income runs $940/mo, and annual cash flow reaches $1,261/yr on $41,438 cash to close. Return on cash invested measures 22.95% in year one, and rental yield registers 9.02% at a $125,000 basis. Equity gained on principal adds $807/yr, and annual property appreciation at 5% supports $34,535 by year five. Five-year ROI tracks 119.93% and total cumulative return in cash totals $49,697. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $940/mo property income relative to a $612/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
4.85 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brenda Perrigo • Cross Keys Real Estate LLC
Mls Name: SLCMLS
Mls ID: #51957