12 Nichols RdWest ChazyNY12992
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 West Chazy at 12 Nichols Rd, West Chazy, NY, 12992 offers a 9.4% rental yield on a $114,900 purchase with $900/mo rent. Total monthly income registers $900/mo, and a $562/mo payment leaves $133/mo available for distribution. Annual cash flow reaches $1,597/yr on $38,089 to close, and return on cash invested stands at 24.1% in year one. Equity gained on principal adds $741/yr while 5% annual appreciation supports $31,745 over five years. Portfolio math shows five-year ROI at 126.09% and total cumulative return in cash at $48,026. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $900/mo property income against a $562/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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.