717 Lawrence StWatertownNY13601
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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
Rental property for sale in Watertown at 717 Lawrence St, Watertown, NY, 13601 generates $1,658/mo in rent and, after a $954/mo payment, leaves $356/mo in cash flow. Total monthly income is $1,658/mo, and annual cash flow is $4,277/yr on $64,609 invested. Return on cash invested sits at 26.53% in year one, and rental yield is 10.21% on a $194,900 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,847 over five years. Five-year ROI reaches 139.02% and total cumulative return in cash sums $89,823. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,658/mo property income rather than buyer’s personal income.
Multi Family
Built in 1900
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13601, Watertown, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,993 (100%) |
| Owner Occupied HU | 7,779 (41.0%) |
| Renter Occupied HU | 8,504 (44.8%) |
| Vacant Housing Units | 2,710 (14.3%) |
| Median Home Value | $191,189 |
| Average Home Value | $265,795 |
Housing Distribution
Address Breakdown
Residential
16,916
Single Family
14,584
Multi-Family
2,332
Businesses
1,707
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Listed by: Michael Frattali • Frattali Real Estate & Property Management, LLC
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1605870
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