1453 County Route 24ChateaugayNY12920
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 Chateaugay at 1453 County Route 24, Chateaugay, NY, 12920 priced at $230,000 converts $3,458/mo rent into $1,922/mo cash flow after a $1,126/mo obligation. Total monthly income equals $3,458/mo, and annual cash flow totals $23,062/yr on $76,245 invested. Return on cash invested prints 50.16% in year one, and rental yield reads 18.04% against a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,545 by year five. Five-year ROI reaches 265.68% and total cumulative return in cash sums $202,567. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,458/mo property income covering a $1,126/mo payment, not borrower’s personal income.
Manufactured
Built in 2009
13.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12920, Chateaugay, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,421 (100%) |
| Owner Occupied HU | 810 (57.0%) |
| Renter Occupied HU | 191 (13.4%) |
| Vacant Housing Units | 420 (29.6%) |
| Median Home Value | $144,366 |
| Average Home Value | $194,907 |
Housing Distribution
Address Breakdown
Residential
894
Single Family
879
Multi-Family
15
Businesses
65
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Nearby investment properties with comparable prices
Listed by: Darin Cook • Northern Adirondack Realty
Mls Name: ACVMLS
Mls Provider:
Mls ID: #200706
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.