14 W Main StreetFort PlainNY13339
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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 Fort Plain at 14 W Main Street, Fort Plain, NY, 13339 priced at $165,000 converts $1,528/mo rent into $426/mo cash flow after a $808/mo obligation. Total monthly income equals $1,528/mo, and annual cash flow totals $5,109/yr on $54,698 invested. Return on cash invested prints 29.25% in year one, and rental yield reads 11.11% against a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation compiles into $45,586 by year five. Five-year ROI reaches 153.57% and total cumulative return in cash sums $83,999. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,528/mo property income covering a $808/mo payment, not borrower’s personal income.
Single Family
Built in 1930
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13339, Fort Plain, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,768 (100%) |
| Owner Occupied HU | 1,763 (63.7%) |
| Renter Occupied HU | 648 (23.4%) |
| Vacant Housing Units | 357 (12.9%) |
| Median Home Value | $133,053 |
| Average Home Value | $195,156 |
Housing Distribution
Address Breakdown
Residential
2,596
Single Family
2,560
Multi-Family
36
Businesses
146
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Listed by: Lorraine Angelo • Howard Hanna
Mls Name: Global MLS
Mls ID: #202517231