15 West StreetFort PlainNY13339
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 Fort Plain at 15 West Street, Fort Plain, NY, 13339 offers $2,592/mo rent that, after a $2,203/mo payment. Total monthly income is $2,592/mo. Return on cash invested measures 16.58% in year one, and rental yield stands at 6.91% at a $450,000 entry. Equity gained on principal adds $2,904/yr while 5% annual appreciation compounds into $124,327 by year five. Five-year ROI records 85.66% and total cumulative return in cash reaches $127,782. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,592/mo property income versus a $2,203/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1865
1.30 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rochelle Bailey • Krutz Properties, LLC
Mls Name: Global MLS
Mls ID: #202525446