9 Coventry DrMassenaNY13662
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
Investment property for sale in Massena at 9 Coventry Dr, Massena, NY, 13662 uses $132,269 cash to close to unlock $10,457/yr annual cash flow and $871/mo monthly cash flow. Total monthly income runs $3,536/mo, and a $1,953/mo payment keeps the spread at $871/mo. Purchase price stands at $399,000, and rental yield measures 10.63% with $3,536/mo rent. Return on cash invested shows 27.82% in year one, and 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 145.9% and total cumulative return in cash records $192,974. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,536/mo property income covering a $1,953/mo payment rather than investor’s personal income.
Single Family
Built in 1979
0.63 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angela Frost • Dufrane Real Estate, LLC
Mls Name: SLCMLS
Mls Provider:
Mls ID: #51246
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.