718 Morris StOgdensburgNY13669
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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 Ogdensburg at 718 Morris St, Ogdensburg, NY, 13669 priced at $155,000 converts $2,136/mo rent into $1,101/mo cash flow after a $759/mo obligation. Total monthly income equals $2,136/mo, and annual cash flow totals $13,207/yr on $51,383 invested. Return on cash invested prints 45.61% in year one, and rental yield reads 16.54% against a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation compiles into $42,824 by year five. Five-year ROI reaches 241.35% and total cumulative return in cash sums $124,012. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,136/mo property income covering a $759/mo payment, not borrower’s personal income.
Single Family
Built in 1910
6,300 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13669, Ogdensburg, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,263 (100%) |
| Owner Occupied HU | 4,105 (56.5%) |
| Renter Occupied HU | 1,836 (25.3%) |
| Vacant Housing Units | 1,322 (18.2%) |
| Median Home Value | $135,956 |
| Average Home Value | $179,663 |
Housing Distribution
Address Breakdown
Residential
6,081
Single Family
5,723
Multi-Family
358
Businesses
464
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Listed by: Kim Scharff-Snyder • America 1 Realty
Mls Name: SLCMLS
Mls Provider:
Mls ID: #49778
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.