1129 Ridge RdChazyNY12921
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 Chazy at 1129 Ridge Rd, Chazy, NY, 12921 offers a 10.56% rental yield on a $234,900 purchase with $2,068/mo rent. Total monthly income registers $2,068/mo, and a $1,150/mo payment leaves $499/mo available for distribution. Annual cash flow reaches $5,989/yr on $77,869 to close, and return on cash invested stands at 27.6% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,899 over five years. Portfolio math shows five-year ROI at 144.78% and total cumulative return in cash at $112,737. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,068/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1870
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12921, Chazy, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,218 (100%) |
| Owner Occupied HU | 773 (63.5%) |
| Renter Occupied HU | 217 (17.8%) |
| Vacant Housing Units | 228 (18.7%) |
| Median Home Value | $239,483 |
| Average Home Value | $281,646 |
Housing Distribution
Address Breakdown
Residential
959
Single Family
959
Multi-Family
0
Businesses
55
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Listed by: Alec Currier • Century 21 The One
Mls Name: ACVMLS
Mls Provider:
Mls ID: #205504
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.