12 Nichols RdWest ChazyNY12992
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 9.4% yield at 12 Nichols Rd, West Chazy, NY, 12992 in West Chazy is solid, but the $517/mo payment compresses net cash flow to $133/mo at $114,900. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $31,745 by year five, and $1,058/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.74) without U.S. income documentation. Total projected return: $52,382.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.2% |
| Monthly Cash Flow | $133 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $900 |
| Total Monthly Debt Service | $722 |
| DSCR Ratio | 1.25x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1989
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12992, West Chazy, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,101 (100%) |
| Owner Occupied HU | 1,560 (74.3%) |
| Renter Occupied HU | 294 (14.0%) |
| Vacant Housing Units | 247 (11.8%) |
| Median Home Value | $225,538 |
| Average Home Value | $249,072 |
Housing Distribution
Address Breakdown
Residential
1,978
Single Family
1,960
Multi-Family
18
Businesses
46
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
Single Family
Built in 1989
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12992, West Chazy, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,101 (100%) |
| Owner Occupied HU | 1,560 (74.3%) |
| Renter Occupied HU | 294 (14.0%) |
| Vacant Housing Units | 247 (11.8%) |
| Median Home Value | $225,538 |
| Average Home Value | $249,072 |
Housing Distribution
Address Breakdown
Residential
1,978
Single Family
1,960
Multi-Family
18
Businesses
46
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Thomas W. Tucker • RE/MAX North Country
Mls Name: ACVMLS
Mls Provider:
Mls ID: #203794
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.