723 New York AveOgdensburgNY13669
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
Rental property for sale in Ogdensburg at 723 New York Ave, Ogdensburg, NY, 13669 offers $872/mo rent that, after a $538/mo payment, leaves $138/mo cash flow. Total monthly income is $872/mo, and annual cash flow is $1,654/yr on $36,465 cash. Return on cash invested measures 24.44% in year one, and rental yield stands at 9.51% at a $110,000 entry. Equity gained on principal adds $710/yr while 5% annual appreciation compounds into $30,391 by year five. Five-year ROI records 127.85% and total cumulative return in cash reaches $46,620. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $872/mo property income versus a $538/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Stevenson • Blue Heron Realty
Mls Name: SLCMLS
Mls ID: #51710