955 N Racquette River RdMassenaNY13662
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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 955 N Racquette River Rd, Massena, NY, 13662 at $249,900 posts ROI 30.13% with $705/mo cash flow from $2,374/mo rent. Total monthly income equals $2,374/mo, and annual cash flow records $8,464/yr on $82,842 to close. Return on cash invested measures 30.13% and rental yield reads 11.4% at the current $249,900. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 by year five. Five-year ROI prints 158.3% and total cumulative return in cash totals $131,138.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,374/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1850
39 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: Timothy P Post • Paul Post Realty
Mls Name: SLCMLS
Mls Provider:
Mls ID: #50593
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.