9 Mechanic StPotsdamNY13676
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 Potsdam at 9 Mechanic St, Potsdam, NY, 13676 earns $2,239/mo cash flow from $3,962/mo rent with a $1,263/mo payment. Total monthly income totals $3,962/mo, and annual cash flow totals $26,867/yr on $85,527 capital. ROI tracks 51.32% on current figures, and rental yield reads 18.43% at a $258,000 purchase. Equity gained on principal adds $1,665/yr, and 5% annual appreciation supports $71,281 over five years. Five-year ROI reaches 271.93% and total cumulative return in cash sums $232,574. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,962/mo property income instead of your personal income.
Single Family
Built in 1995
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13676, Potsdam, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,259 (100%) |
| Owner Occupied HU | 3,034 (48.5%) |
| Renter Occupied HU | 2,160 (34.5%) |
| Vacant Housing Units | 1,065 (17.0%) |
| Median Home Value | $178,296 |
| Average Home Value | $236,232 |
Housing Distribution
Address Breakdown
Residential
5,287
Single Family
4,635
Multi-Family
652
Businesses
513
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Donna Bonno • Fiacco Realty, LLC
Mls Name: SLCMLS
Mls Provider:
Mls ID: #49973
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.