14 Champlain StPlattsburghNY12901
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
Rental property for sale in Plattsburgh at 14 Champlain St, Plattsburgh, NY, 12901 priced at $136,000 converts $1,040/mo rent into $131/mo cash flow after a $666/mo obligation. Total monthly income equals $1,040/mo, and annual cash flow totals $1,578/yr on $45,084 invested. Return on cash invested prints 23.41% in year one, and rental yield reads 9.18% against a $136,000 entry. Equity gained on principal adds $878/yr, while 5% annual appreciation compiles into $37,574 by year five. Five-year ROI reaches 122.28% and total cumulative return in cash sums $55,130. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,040/mo property income covering a $666/mo payment, not borrower’s personal income.
Single Family
Built in 1912
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12901, Plattsburgh, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,633 (100%) |
| Owner Occupied HU | 7,410 (47.4%) |
| Renter Occupied HU | 6,668 (42.7%) |
| Vacant Housing Units | 1,555 ( 9.9%) |
| Median Home Value | $223,057 |
| Average Home Value | $266,878 |
Housing Distribution
Address Breakdown
Residential
14,276
Single Family
13,116
Multi-Family
1,160
Businesses
1,684
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alec Currier • Century 21 The One
Mls Name: ACVMLS
Mls ID: #205248