15 Champlain Shores WayCrown PointNY12928
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 Crown Point at 15 Champlain Shores Way, Crown Point, NY, 12928 generates $3,368/mo in rent and, after a $734/mo payment, leaves $2,292/mo in cash flow. Total monthly income is $3,368/mo, and annual cash flow is $27,500/yr on $49,692 invested. Return on cash invested sits at 75.25% in year one, and rental yield is 26.96% on a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 400.94% and total cumulative return in cash sums $199,235. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,368/mo property income rather than buyer’s personal income.
Lot
Built in N/A
4,356 sqft lot
$N/A/sqft
$900 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12928, Crown Point, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,160 (100%) |
| Owner Occupied HU | 712 (61.4%) |
| Renter Occupied HU | 165 (14.2%) |
| Vacant Housing Units | 283 (24.4%) |
| Median Home Value | $194,565 |
| Average Home Value | $235,109 |
Housing Distribution
Address Breakdown
Residential
774
Single Family
774
Multi-Family
0
Businesses
53
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susan Cook • Realty Results, Inc
Mls Name: ACVMLS
Mls Provider:
Mls ID: #201028
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.