11 T Ridge LnMooersNY12958
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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 at 11 T Ridge Ln, Mooers, NY, 12958 priced at $315,000 converts $2,099/mo rent into after a $1,542/mo obligation. Total monthly income equals $2,099/mo. Return on cash invested prints 19.85% in year one, and rental yield reads 8% against a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation compiles into $87,029 by year five. Five-year ROI reaches 103.22% and total cumulative return in cash sums $107,789. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,099/mo property income covering a $1,542/mo payment, not borrower’s personal income.
Single Family
Built in 1995
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12958, Mooers, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 919 (100%) |
| Owner Occupied HU | 691 (75.2%) |
| Renter Occupied HU | 148 (16.1%) |
| Vacant Housing Units | 80 ( 8.7%) |
| Median Home Value | $199,038 |
| Average Home Value | $211,491 |
Housing Distribution
Address Breakdown
Residential
734
Single Family
722
Multi-Family
12
Businesses
32
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Listed by: Michael Jensch • Coldwell Banker Whitbeck Assoc. Plattsburgh
Mls Name: ACVMLS
Mls Provider:
Mls ID: #202663
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.