122 Raquette Flow DrPiercefieldNY12973
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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 Piercefield at 122 Raquette Flow Dr, Piercefield, NY, 12973 offers $2,260/mo rent that, after a $2,442/mo payment. Total monthly income is $2,260/mo. Return on cash invested measures 12.13% in year one, and rental yield stands at 5.43% at a $499,000 entry. Equity gained on principal adds $3,220/yr while 5% annual appreciation compounds into $137,865 by year five. Five-year ROI records 61.8% and total cumulative return in cash reaches $102,234. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,260/mo property income versus a $2,442/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
5.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12973, Piercefield, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 113 (100%) |
| Owner Occupied HU | 41 (36.3%) |
| Renter Occupied HU | 7 ( 6.2%) |
| Vacant Housing Units | 65 (57.5%) |
| Median Home Value | $282,143 |
| Average Home Value | $260,183 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
11
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Listed by: Corey Iaria Purcell • Four Seasons Sotheby's International Realty
Mls Name: ACVMLS
Mls Provider:
Mls ID: #204413
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.