7184 State Highway 37OgdensburgNY13669
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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 Ogdensburg at 7184 State Highway 37, Ogdensburg, NY, 13669 uses $34,642 cash to close to unlock $3,152/yr annual cash flow and $263/mo monthly cash flow. Total monthly income runs $960/mo, and a $511/mo payment keeps the spread at $263/mo. Purchase price stands at $104,500, and rental yield measures 11.02% with $960/mo rent. Return on cash invested shows 29.01% in year one, and 5% annual appreciation builds toward $28,871 over five years. Five-year ROI reaches 152.32% and total cumulative return in cash records $52,765. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $960/mo property income covering a $511/mo payment rather than investor’s personal income.
Single Family
Built in 1953
0.48 Acres 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: Jeffery Jones • North Star Real Estate & Property Management
Mls Name: NYSAMLSs
Mls ID: #S1650761