15243 Factory StChaumontNY13622
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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 Chaumont at 15243 Factory St, Chaumont, NY, 13622 generates $1,052/mo in rent and, after a $680/mo payment, leaves $124/mo in cash flow. Total monthly income is $1,052/mo, and annual cash flow is $1,492/yr on $46,045 invested. Return on cash invested sits at 23.15% in year one, and rental yield is 9.09% on a $138,900 entry. Equity gained on principal adds $896/yr, while 5% annual appreciation builds toward $38,376 over five years. Five-year ROI reaches 120.93% and total cumulative return in cash sums $55,681. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,052/mo property income rather than buyer’s personal income.
Single Family
Built in 1880
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13622, Chaumont, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,599 (100%) |
| Owner Occupied HU | 790 (49.4%) |
| Renter Occupied HU | 156 ( 9.8%) |
| Vacant Housing Units | 653 (40.8%) |
| Median Home Value | $274,766 |
| Average Home Value | $318,184 |
Housing Distribution
Address Breakdown
Residential
798
Single Family
775
Multi-Family
23
Businesses
50
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