15 Pinewood DrPeruNY12972
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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 Peru at 15 Pinewood Dr, Peru, NY, 12972 offers $3,775/mo rent that, after a $2,100/mo payment, leaves $910/mo cash flow. Total monthly income is $3,775/mo, and annual cash flow is $10,919/yr on $142,214 cash. Return on cash invested measures 27.59% in year one, and rental yield stands at 10.56% at a $429,000 entry. Equity gained on principal adds $2,768/yr while 5% annual appreciation compounds into $118,525 by year five. Five-year ROI records 144.64% and total cumulative return in cash reaches $205,705. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,775/mo property income versus a $2,100/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12972, Peru, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,623 (100%) |
| Owner Occupied HU | 1,861 (70.9%) |
| Renter Occupied HU | 504 (19.2%) |
| Vacant Housing Units | 258 ( 9.8%) |
| Median Home Value | $266,947 |
| Average Home Value | $315,027 |
Housing Distribution
Address Breakdown
Residential
2,368
Single Family
2,338
Multi-Family
30
Businesses
103
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Listed by: Penny Daniels • Coldwell Banker Whitbeck Assoc. Plattsburgh
Mls Name: ACVMLS
Mls Provider:
Mls ID: #203514
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.