106 McDonald RdMooers ForksNY12959
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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
Rental property for sale in Mooers Forks at 106 McDonald Rd, Mooers Forks, NY, 12959 generates $1,896/mo in rent and, after a $1,052/mo payment, leaves $461/mo in cash flow. Total monthly income is $1,896/mo, and annual cash flow is $5,529/yr on $71,239 invested. Return on cash invested sits at 27.67% in year one, and rental yield is 10.59% on a $214,900 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,373 over five years. Five-year ROI reaches 145.11% and total cumulative return in cash sums $103,374. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,896/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
3.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12959, Mooers Forks, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 634 (100%) |
| Owner Occupied HU | 427 (67.4%) |
| Renter Occupied HU | 95 (15.0%) |
| Vacant Housing Units | 112 (17.7%) |
| Median Home Value | $215,051 |
| Average Home Value | $209,930 |
Housing Distribution
Address Breakdown
Residential
564
Single Family
564
Multi-Family
0
Businesses
6
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Listed by: Jason Greer • Coldwell Banker Whitbeck Assoc. Plattsburgh
Mls Name: ACVMLS
Mls Provider:
Mls ID: #204155
Disclaimer: Listing data courtesy of the Internet Data Exchange (IDX) Program of the Adirondack Champlain Valley Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information deemed reliable but not guaranteed.