884 McCormick RdOgdensburgNY13669
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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 884 McCormick Rd, Ogdensburg, NY, 13669 at $129,500 posts ROI 68.46% with $1,737/mo cash flow from $2,602/mo rent. Total monthly income equals $2,602/mo, and annual cash flow records $20,845/yr on $42,929 to close. Return on cash invested measures 68.46% and rental yield reads 24.11% at the current $129,500. Equity gained on principal adds $836/yr, and 5% annual appreciation supports $35,778 by year five. Five-year ROI prints 363.98% and total cumulative return in cash totals $156,254.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,602/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1998
0.85 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: Kim Scharff-Snyder • America 1 Realty
Mls Name: SLCMLS
Mls Provider:
Mls ID: #50113
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.