8 Serra LnMassenaNY13662
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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 Massena at 8 Serra Ln, Massena, NY, 13662 listed at $429,000 pairs $3,214/mo rent with a $2,100/mo payment to leave $349/mo cash flow. Total monthly income runs $3,214/mo, and annual cash flow reaches $4,187/yr on $142,214 cash to close. Return on cash invested measures 22.85% in year one, and rental yield registers 8.99% at a $429,000 basis. Equity gained on principal adds $2,768/yr, and annual property appreciation at 5% supports $118,525 by year five. Five-year ROI tracks 119.25% and total cumulative return in cash totals $169,597. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,214/mo property income relative to a $2,100/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1981
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13662, Massena, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,941 (100%) |
| Owner Occupied HU | 4,488 (56.5%) |
| Renter Occupied HU | 2,473 (31.1%) |
| Vacant Housing Units | 980 (12.3%) |
| Median Home Value | $136,006 |
| Average Home Value | $202,655 |
Housing Distribution
Address Breakdown
Residential
7,126
Single Family
6,653
Multi-Family
473
Businesses
539
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Listed by: Chantal J. O'Shaughnessy • Kassian Real Estate, LLC
Mls Name: SLCMLS
Mls Provider:
Mls ID: #50120
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.